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Aug 16, 2016

Pajingo gold operations sold for $52m

Pajingo gold operations sold for $52m

Evolution Mining has entered into a binding agreement with Minjar Gold to sell the Pajingo gold mine and surrounding exploration tenements in North Queensland for up to $52 million in cash and royalties. This includes a $42 million upfront cash payment and a 1 per cent NSR (net smelter return) royalty of up to $10…

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