Business

Moonlight to hit ASX boards with Qld gold and NT critical minerals plays

‘What particularly excites us about the company is its commitment to embark on a 20,000m drilling program in 2026 at the Clermont Gold Project.’Leeuwin Wealth director of corporate finance Harry O’Donnell The momentum really began when Moonlight quietly secured the two forgotten but highly prospective assets that had slipped off their previous owners’ priority lists. However, it was their price tags that really fired up the chatter. In a deal that was almost entirely for scrip, Moonlight convinced Diatreme Resources to part with the Clermont gold project for 16.25 million shares and a token $250,000 in cash. Lithium Plus followed suit, vending its MacDonnell rare earths and uranium ground into the company for 17 million shares. Both vendors have stayed on the register in a sign they think the upside is too good to walk away from. Moonlight’s pitch is simple but loaded with upside – the company believes each of its two projects have the firepower to become company-makers in their own right. While Clermont could be hiding a million-ounce gold prize just beneath the soil, MacDonnell offers a district-scale uranium-rare earths playground in a geological postcode most geos would give their left arm to drill.

Moonlight to hit ASX boards with Qld gold and NT critical minerals plays

‘What particularly excites us about the company is its commitment to embark on a 20,000m drilling program in 2026 at the Clermont Gold Project.’Leeuwin Wealth director of corporate finance Harry O’Donnell

The momentum really began when Moonlight quietly secured the two forgotten but highly prospective assets that had slipped off their previous owners’ priority lists.

However, it was their price tags that really fired up the chatter. In a deal that was almost entirely for scrip, Moonlight convinced Diatreme Resources to part with the Clermont gold project for 16.25 million shares and a token $250,000 in cash.

Lithium Plus followed suit, vending its MacDonnell rare earths and uranium ground into the company for 17 million shares. Both vendors have stayed on the register in a sign they think the upside is too good to walk away from.

Moonlight’s pitch is simple but loaded with upside – the company believes each of its two projects have the firepower to become company-makers in their own right. While Clermont could be hiding a million-ounce gold prize just beneath the soil, MacDonnell offers a district-scale uranium-rare earths playground in a geological postcode most geos would give their left arm to drill.

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