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Equity Bottom-Up

Strategic Minerals PLC / Equity Bottom-Up

<ul>
<li>East Star Resources 3.55p £13.26m (EST.L) The Kazakhstan-focused gold and base metals explorer has announced it has signed binding Heads of Agreement to establish a JV company pursuant to which Hong Kong Xinhai Mining Services Limited will farm in, in five stages, for up to 70% of the Verkhuba Copper Deposit, taking the project into production.</li>
<li>Xinhai is a privately owned, global process engineering and contracting company that specialises in providing engineering design, procurement, construction services and contract mining services to the mining industry.</li>
<li>Xinhai's estimated investment for the feasibility study and mine and plant construction costs is approximately US$65m.</li>
</ul>


East Star Resources 3.55p £13.26m (EST.L) The Kazakhstan-focused gold and base metals explorer has announced it has signed binding Heads of Agreement to establish a JV company pursuant to which Hong Kong Xinhai Mining Services Limited will farm in, in five stages, for up to 70% of the Verkhuba Copper Deposit, taking the project into production.
Xinhai is a privately owned, global process engineering and contracting company that specialises in providing engineering design, procurement, construction services and contract mining services to the mining industry.
Xinhai's estimated investment for the feasibility study and mine and plant construction costs is approximately US$65m.


Strategic Minerals PLC - Hybridan Small Cap Feast: 11 December 2025