Macro Metals LimitedASX: M4M

Macro executes profit share agreement for gold project

· Issued by Macro Metals Limited

Filed with ASX · · 28 pages · English

Summary by 6ix AI

Macro Metals Limited has announced the execution of a mining services and profit share agreement with Austral Pacific for the Historical Tailings and Stockpiles Project at the Paris Gold Mine. The agreement allows Macro Mining Services to evaluate and monetize tailings and stockpiles, with a profit-sharing arrangement after recovering project expenses. The project aims to assess the feasibility of processing gold-bearing materials and waste rock for civil engineering applications. This strategic partnership is part of Macro's growth strategy in the Western Australian gold sector.

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