Blina Minerals steps away from Mongolian copper gold project

Blina Minerals (ASX: BDI) will not pursue the company’s Mongolian Copper Gold Project following an independent expert’s review.

The company signed a binding term sheet to explore the property with Mongolian company BSI in May this year.

However, based on a review of the exploration results, current geological theory and the best evidence available, the expert recommended against pursuing further work at the project.

Blina intends to continue to pursue exploration opportunities in Mongolia and other regions.

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