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Ora Gold Forges Production Path with Westgold Alliance

Ora Gold Forges Production Path with Westgold Alliance

Westgold Resources (AU:WGX) has released an update.

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Ora Gold Limited has announced a strategic alliance and $6.0 million funding partnership with Australian gold producer Westgold Resources, aiming to advance Ora’s Crown Prince gold deposit towards production. This collaboration is set to strengthen Ora’s balance sheet, enabling rapid advancement of their mining proposals and exploration activities. The deal also includes a potential ore purchase agreement, leveraging Westgold’s local processing infrastructure to foster Ora’s growth in the gold market.

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

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