Monument Mining removes Odyssey unit Tuckanarra as JV manager, alleges material breach over toll milling deal
Bitget2026/10/13 13:30- Monument Mining issued a notice removing Tuckanarra Resources as joint venture manager of the Tuckanarra Gold Project.
- Monument cited a material breach of the exploration joint venture agreement tied to a toll milling agreement signed without required authority.
- The removal took effect Sept. 25, 2026, following a breach period that Monument said continued for more than 30 days.
- Monument said it did not authorize the toll milling agreement and does not consider itself bound by any obligations under it.
- Odyssey Gold, Tuckanarra’s parent, filed a dispute notice on Sept. 24, 2026 under the agreement’s dispute process.
- Monument indicated it will proceed to mediation while maintaining its accrued rights.
- Monument reserved its rights to seek recovery of losses or damages it says resulted from the alleged breach.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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