16/08/2026
Major strategic investment in Mount Hope Mining
Mount Hope Mining is pleased to announce a $1.82 million strategic placement, led by Ronin Metals, the fund of highly regarded WA gold discovery specialists Simon Lawson, Craig Jones and David Coyne.
The team behind Ronin Metals has an impressive track record in Australian gold exploration and development, including their recent involvement with Spartan Resources and the Never Never and Pepper gold discoveries at Dalgaranga.
On completion of the placement, Ronin Metals will become a substantial shareholder in Mount Hope Mining with an 11.9% interest.
Importantly, the investment comes as Phase 3 drilling is underway at our flagship Mt Solitary Gold Project.
The additional funding strengthens MHM's balance sheet and gives us greater flexibility to accelerate exploration across the broader Mount Hope Project and the 7.5km MS2 Gold Corridor.
First assays from Phase 3 drilling are expected in October.
Read today's full ASX announcement below.
https://clients3.weblink.com.au/clients/mthopemining/headline.aspx?headlineid=61338732
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