Binding Agreement to Sell Buckland Gold Project
ASX Release
17 March 2026
DTM enters binding agreement to sell the Buckland Gold Project
Dart Mining NL (ASX:DTM) (Company or DTM) is pleased to announce that it has entered into a
binding sale and purchase term sheet (Agreement) with Daybreak Minerals Pty Ltd (Daybreak) for
the sale of a 100% legal and beneficial interest in the tenements, exploration licence EL006861,
retention licence RL006615, associated mining information, and 2 general habitat units, comprising
the Buckland Gold Project (Acquisition).
HIGHLIGHTS
1. Cash consideration of $300,000
2. Strategic disposal of non-core asset
3. Dart will retain right of first refusal to provide drilling services
DART MINING’S CHAIRMAN, JAMES CHIRNSIDE, COMMENTED:
“The sale of the Buckland Gold Project allows DTM to unlock value from a non-core asset while
securing $300,000 in cash consideration to strengthen the Company's balance sheet and support our
ongoing strategic priorities. We are also pleased to have retained a right of first refusal over drilling
services on the tenements, ensuring DTM maintains an ongoing commercial relationship with the
project.”
Under the Agreement, Daybreak will pay cash of $300,000 to the Company at completion in
consideration for exploration licence EL006861, retention licence RL006615 (held by DTM's wholly
owned subsidiary Mt Unicorn Holdings Pty Ltd), 2 General Habitat Units, and all mining information
relating to the tenements (together, the Sale Assets).
Completion of the Acquisition is subject to the satisfaction (or waiver) of certain conditions
precedent, including the parties obtaining all necessary third party approvals.
In connection with the Acquisition, and subject to the receipt of shareholder approval (which the
Company must use its best endeavours to obtain without undue delay), DTM will grant Daybreak
(or its nominee) a right to subscribe for up to $500,000 worth of fully paid ordinary shares in DTM
at a price to be agreed between the parties.
Dart Mining NL
ABN: 84 119 904 880
Level 6, 412 Collins Street
Melbourne VIC 3000
Contact: James Chirnside
Email:jchirnside@dartmining.com.au
Mobile: +61 447 447 613
Webpage: www.dartmining.com.au
LinkedIn: Dart Mining NL
Twitter: @DartMining
The Agreement also provides that, subject to Daybreak conducting or commissioning any drilling
activities on or in respect of the tenements, Daybreak must provide DTM (or its nominee) with a
right of first refusal to provide drilling services.
The Company will allocate the use of proceeds from the sale to exploration on its existing projects
and working capital.
Approved for release by the Board of Directors.
For more information contact:
James Chirnside
Managing Director
Dart Mining NL
jchirnside@dartmining.com.au
+61 419 605 842
InvestorHub Link
Terry Bates
Director
Dart Mining NL
tbates@dartmining.com.au
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