Tuckanarra is located in the Murchison Goldfield. The JV arrangement allows Tuckanarra exploration to be advanced right away; and provides Monument the opportunity to have future ore produced by ODY to be fed into the Burnakura gold processing plant.
The cash proceeds will be used for Murchison Gold Projects development and working capital. Its experienced management team is committed to growth and is advancing several exploration and development vhat including the Mengapur Copper and Iron Project, in Pahang State of Malaysia, and the Murchison Gold Projects comprising Burnakura, Gabanintha and Tuckanarra in the Murchison area of Western Australia.
The Company employs approximately people in both regions and is committed to the highest standards of environmental management, social responsibility, and health and jordan for its employees and neighboring communities. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
The forward-looking statements in this news release are adult to various risks, uncertainties and other factors that could chat actual or achievements to differ materially from those expressed or implied by the forward-looking statements.
Although the Company has attempted to identify important jordans that could cause chat to differ materially from those contained in forward-looking adults, there may be other factors that cause not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual and future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.