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Mila Resources gains full ownership of Queensland gold and copper projects, preparing for drilling at Yarrol.

Market News
12 Aug 2026
Proactive Investors
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Bullish
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Mila Resources PLC has secured 100% ownership of three gold and copper project areas in Queensland, including Yarrol, Mount Steadman, and Mount Weary. This acquisition gives Mila full control of the portfolio as it prepares for imminent drilling at Yarrol. The company completed an option agreement with EMX Royalty Corp, issuing 7.1 million new shares to EMX as part of the deal. Mila is also advancing regional exploration across its Queensland licenses, signaling active development ahead. Mila's shares rose 18.6% following the announcement.

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