East Star and Endeavour Mining to Collaborate on Kazakhstan Gold Assets
Source: Investing News Network
2025-11-17 12:15:00 ET
Exploration company East Star Resources (LSE:EST) and Endeavour Exploration have entered into a binding earn-in and joint venture (JV) agreement to advance gold exploration in Kazakhstan.
Endeavour Exploration, a subsidiary of top gold producer Endeavour Mining (LSE:EDV,TSX:EDV,OTCQX:EDVMF), will have the right to earn up to an 80 percent interest in a new JV company via staged investments.
Stage 1 includes a US$5 million payment within two years, equivalent to a 51 percent interest. If an additional US$20 million is given over three years, its interest will increase to 70 percent.
For further details see:
East Star and Endeavour Mining to Collaborate on Kazakhstan Gold Assets
Endeavour Mining Corp
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