Sabre Resources completes Ninghan gold project sale to Capricorn Metals
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 12 2025
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Source: Yahoo Finance
Sale Completion: Sabre Resources has finalized the sale of its Ninghan gold project tenements to Capricorn Metals for A$1.6 million, which includes cash and shares, along with established royalty agreements on mineral extraction.
Future Payments and Exploration: The deal includes potential additional payments of up to A$1.5 million based on exploration milestones, as Capricorn identifies seven targets within the 77km² Ninghan gold project area.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
