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09/12/2024
Mining News

MMS expands gold mining operations with acquisition of East Sampson Gold Project in Australia

Mineral Mining Services (MMS) has announced the acquisition of the East Sampson Gold Project in Western Australia, marking a significant expansion of its gold mining portfolio. The move strengthens MMS’s position in the gold sector and underscores its commitment to driving long-term value for stakeholders.

“This acquisition represents a major milestone for MMS,” said CEO Rob Ryan. “The East Sampson Gold Project aligns seamlessly with our strategy of acquiring high-potential, open-cut gold assets with near-term production capabilities. With our proven expertise, we are poised to unlock the full potential of this asset.”

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The East Sampson Gold Project features a high-grade JORC Mineral Resource of 264,000 tonnes at 2.5 g/t, equating to 21,000 ounces of gold, with significant exploration upside. MMS plans to optimise production and maximise returns from the project.

The acquisition follows MMS’s recent success at the Kal East Gold Project, with the company aiming to replicate this achievement at East Sampson, further solidifying its position as a leader in the gold mining industry.

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