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Aeon Metals Nears Key Cultural Agreement
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Aeon Metals Nears Key Cultural Agreement

Aeon Metals Ltd. (AU:AML) has released an update.

Aeon Metals Ltd. is on the cusp of finalizing a new Cultural Heritage and Monitoring Agreement with the Waanyi People, expected to be approved in mid-May, which would enable the resumption of exploration activities after a year’s pause. The company also reported modest exploration expenditures of A$162k during the quarter, largely associated with the Walford Creek Project, and is actively evaluating potential partners and new project opportunities. A significant corporate update is the transition of Dr. Fred Hess from Managing Director to a non-executive director role starting May 1, 2024.

For further insights into AU:AML stock, check out TipRanks’ Stock Analysis page.

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