Deccan Gold Signs Spanish Tungsten Project Earn-In Deal

Deccan Gold Mines Ltd. has signed a definitive Earn-In, Option and Shareholders Agreement for the Logrosan Tungsten Project in Spain. This agreement allows Deccan Gold to progressively earn an initial 51% stake by March 2027 through an investment of EUR 1.76 million. The project holds potential for tungsten, gold, rare earth elements, tin, and niobium-tantalum. This move aligns with the global focus on resource security and strengthens Deccan Gold's critical minerals portfolio, essential for defense, aerospace, and advanced manufacturing. Exploration has identified promising scheelite (tungsten) mineralisation, with ongoing drilling to further define potential discoveries.