Flagship Secures AU$1.25 Million from Xinhai as Pantanillo Advances Toward Feasibility.
Flagship Minerals Limited (ASX: FLG) has received the second AU$1.25 million tranche from strategic partner Shandong Xinhai Mining Technology & Equipment Inc., following the successful completion of Xinhai’s technical and commercial due diligence at the Pantanillo Gold Project in Chile. The funding completes Xinhai’s strategic allocation and further strengthens Flagship’s development pathway, with a Xinhai representative expected to join the Board in January 2026, bringing global EPC, processing and mine construction expertise. In parallel, Flagship has commenced baseline studies for the Environmental Impact Assessment at Pantanillo after appointing respected environmental consultancy Ambiental Y Sectorial, with EIA submission targeted for early 2027. Progress is also being made on upgrading the existing 1.05 million ounce gold foreign estimate to a JORC (2012) compliant Mineral Resource Estimate, expected within the next three to six weeks. Management believes these milestones materially de-risk Pantanillo
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Flagship Secures AU$1.25 Million from Xinhai as Pantanillo Advances Toward Feasibility.
Flagship Minerals Limited (ASX: FLG) has received the second AU$1.25 million tranche from strategic partner Shandong Xinhai Mining Technology & Equipment Inc., following the successful completion of Xinhai’s technical and commercial due diligence at the Pantanillo Gold Project in Chile. The funding completes Xinhai’s strategic allocation and further strengthens Flagship’s development pathway, with a Xinhai representative expected to join the Board in January 2026, bringing global EPC, processing and mine construction expertise. In parallel, Flagship has commenced baseline studies for the Environmental Impact Assessment at Pantanillo after appointing respected environmental consultancy Ambiental Y Sectorial, with EIA submission targeted for early 2027. Progress is also being made on upgrading the existing 1.05 million ounce gold foreign estimate to a JORC (2012) compliant Mineral Resource Estimate, expected within the next three to six weeks. Management believes these milestones materially de-risk Pantanillo
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au