WIN To Acquire High Grade Radio Gold Mine

WIN Metals Ltd (ASX:WIN) is excited to announce the acquisition of the Radio Gold Mine, offering a near-term opportunity for production with low-cost acquisition terms. The mine, located in Western Australia, boasts an operational underground mine, surface ore stockpiles, and a partially constructed processing facility. The mine has a history of high-grade production and presents a promising outlook for future operations. The acquisition terms include an upfront cash payment ($500,000), a share consideration payment ($400,000), and deferred royalty payments linked to gold sales. The Company plans to evaluate short-term open pit opportunities and leverage existing infrastructure. With potential for ongoing underground development, WIN initially envisions multiple shallow open pits to maximize early returns for shareholders. Investors are welcome to inquire about the acquisition and the company's development strategies. With a clear focus on maximizing profitability and value creation, WIN looks forward to harnessing the potential of the Radio Gold Mine and advancing its Butchers Creek Gold Project. Join us in this exciting journey towards becoming a prominent producer in the industry.