StockMarketWire.com - Mining group Arc Minerals said it had received another A$300k in proceeds from the sale of the Sturec gold project in Slovakia to MetalsTech for up to US$8m.

The second tranche payment had been satisfied in cash and Arc said it had received a total consideration of A$750k to date.

The remainder was conditional upon the Sturec indicated and measured resource exceeding 1.5m ounces gold at a grade greater than 2.5 grams per tonne within two years of the sale.

At 1:25pm: [LON:ARCM] Arc Minerals Limited Ords Npv Di share price was 0p at 4p



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