PRESS RELEASE: No Tariffs on Critical Metals

“We’ve swapped out a Cost Centre to focus on a Profit Centre,” said Great Divide Mining’s CEO, Justin Haines (ASX:GDM).

“It’s about delivering the best value for GDM’s Shareholders,” said Haines, “That’s what it has always been about and always will be, building value for our Shareholders.”

GDM has signed a binding agreement with Dart Mining NL (ASX:DTM) to farm-out GDM’s Coonambula Project including its’ historic Banshee Antimony Mine.

DTM will initially take a 15% holding in GDM’s 6 exploration tenements pay GDM $250,000 in cash, and has been appointed Manager to operate the Coonambula JV.

DTM has committed to conduct a minimum of 4,000m of drilling and prepare 2 geological and resource reports over a 2-year period, at which point its’ holding will increase to 51%.

“Antimony is listed as a critical mineral by many governments around the world. Prices almost doubled in 2024 due to severe supply shortages. China, the world’s leading producer of Antimony, is applying new constraints on supply,” said Haines.

GDM’s Coonambula Project hosts several Antimony prospects including the historical Banshee Antimony-Gold mine, which was one of the largest Antimony mines in the region.

Previous drilling at Banshee has returned high-grade antimony drill intercepts underneath the old workings, open at depth and along strike.

“GDM was formed to rapidly evolve into a cash-flow mining business, deriving revenues whilst conserving shareholder capital,” said Haines.

“This agreement secures a partner for GDM at Coonambula, to conduct significant on-groundwork including 4,000m of drilling. This enables GDM to focus on project development, operation, and near-term cash-flow,” he said.

“The farm-out agreement with Dart means we can advance two projects at a significantly advanced pace,” said GDM Chairman Paul Ryan. “Coonambula will benefit from a significantly accelerated exploration program, and GDM can focus on completing the re-commissioning of the Adelong mine’s processing facility.”

“Can’t wait for our first Gold Pour at Adelong!” he said.

Media Contacts:

Name: John KochanskiCompany: Great Divide MiningEmail: Phone: 0411831122

About Great Divide Mining

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Great Divide Mining (ASX:GDM) Great Divide Mining is a Gold, Antimony and critical metals miner, explorer and developer with five projects across 17 tenements (including two in application). GDM’s focus is on operating producing assets within areas of historical mining and past exploration with nearby infrastructure, thus enabling rapid development. Through a staged exploration and development programme, GDM intends to generate cash flow from its initial projects to support further exploration across its portfolio of highly prospective tenements. Its core values are to responsibly transition exploration projects to positive cash flow in efficient time frames. Dart Mining NL (ASX:DTM) Dart is seeking to develop a regional presence in Queensland through advanced stage intrusion related and epithermal gold projects. Dart Mining will continue to evaluate several historic goldfields in Central and Northeast Victoria including the Rushworth Goldfield and the new porphyry and lithium province in Northeast Victoria identified by Dart. The area is prospective for precious, base, and strategic metals. Dart Mining has built a strategic and highly prospective gold exploration portfolio in Central and Northeast regions of Victoria, where historic surface and alluvial gold mining indicates the existence of a potentially large gold endowment. Contact: Justin Haines, CEO e [email protected] m +61 (0)418 876 420