Caravel Minerals Limited (AU:CVV) has released an update.
Caravel Minerals has secured a key water agreement by entering an Option Agreement to acquire Dalmeny Water Pty Ltd, ensuring sufficient water supply for its Caravel Copper Project in Western Australia. This move, involving collaboration with the Nixon Family, provides a strategic advantage by de-risking the project and ensuring access to vital resources for development. The deal highlights the company’s proactive approach in securing critical infrastructure for future project success.
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