FinTechFunding

Perpetual Resources: Applies for new mining lease at Beharra

  • Perpetual Resources (PEC) has applied for a new mining lease within its Beharra Project in Western Australia
  • The mining lease covers 1037 hectares and includes Beharra’s entire ore reserve estimate and the mineral resource estimate
  • Excitingly, this marks another significant milestone, following on from the recently upgraded mineral resource and completing a pre-feasibility study
  • Perpetual will now conduct various studies to support the mining lease being approved
  • It will also commence a feasibility study ahead of making a final investment decision for the silica sands project
  • Company shares are up an even 10 per cent to trade at 8.8 cents
Previous article
Westar Resources: Completes maiden drilling program at Coolaloo
Next article
OnlineMedEd: Raises $20M in Funding
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...
FinTech

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...
FinTech

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...
FinTech

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...