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Forrestania Inks $27M Mining Deal for Tycho Gold Mine in WA Goldfields
The seven-month open-pit campaign includes drill and blast, mining, haulage and ore delivery as Forrestania moves toward first gold production.
Summary
Forrestania Resources has awarded an estimated $27 million open pit mining contract for its Tycho gold project in WA to MEGA Resources. The deal covers a seven-month campaign and is a critical step in the company's transition to becoming a producer as it advances towards first gold production from its growing portfolio.