Acquisition of Mumbakine Well Project
Filed with ASX · · 14 pages · English
Summary by 6ix AI
Capricorn Metals Ltd has announced the acquisition of the Mumbakine Well Project from Gascoyne Resources Ltd, which is adjacent to its existing Karlawinda Gold Project in Western Australia. The acquisition involves an initial payment upon completion, along with contingent payments based on future resource estimates and mining decisions.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Capricorn Metals
- GCY: Sale of Mumbakine Well for up to $4.75M plus Royalty
- Strong Results Returned From Early Drilling at Mt Gibson
- Amended Appendix 5B
- Mt Gibson Gold Project Pathway to Development Decision
- 110,000 Metre Drill Programme at Mt Gibson Gold Project
Later from Capricorn Metals
- Record Gold Production & Net Cash Position Achieved
- Record quarterly gold production Capricorn achieves net cash position and converts project loan to corporate facility
- Excellent Drill Results Returned From Mt Gibson & Karlawinda
- Amended Quarterly Activities Report/Appendix 5B
- S&P DJI Announces September 2022 Quarterly Rebalance
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