Astral partners with MMS for Think Big project development

Astral Resources has signed a letter of intent (LoI) with Mineral Mining Services (MMS) to develop the Think Big Gold Project, part of the Feysville Gold Project near Kalgoorlie, Western Australia (WA). Under the agreement, MMS will cover all development costs, which will be recouped from the project’s initial cash flows. Profits will then be shared between the two parties, with MMS receiving between 30% and 50% of the profits. The LoI includes a 90-day exclusivity period for finalising binding agreemen ...