Southern Alliance Mining announced on July 16 that it has entered into a joint venture agreement with Duli Yang Maha Mulia Sultan Ibrahim Ibni Almarhum Sultan Iskandar to carry out exploration work for gold and any other mineral or deposits and/or mining activities at the Tenggaroh mine, Johor.


See also: Southern Alliance Mining CEO raises stake; Amara director makes maiden purchase


The JVCo will be 85% owned by the group, while the Sultan will hold the remaining 15%.

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