Carnaby Resources Ltd. (AU:CNB) has released an update.
Carnaby Resources Ltd. has announced promising Scoping Study results for its Greater Duchess Copper Gold Project, indicating a robust new mining venture in the Mount Isa region with low capital expenditure and potential production by H2 2026. Highlighting the project’s proximity to existing infrastructure, the company is exploring cost-effective production paths, including Third Party processing, and is advancing discussions with Glencore for processing and offtake agreements, although no guarantees are provided for a commercial deal.
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