Constellation Resources Ltd. (AU:CR1) has released an update.
Constellation Resources Ltd. has announced a promising quarter with preferred applicant status for Special Prospecting Authorities over areas speculated to be rich in helium and associated gases in Western Australia. The company’s recent soil sampling at the Orpheus Project revealed significant nickel and copper anomalism, with plans for air-core drilling pending cultural and equipment availability. Additionally, Constellation successfully raised $1.4 million through a placement to sophisticated investors and company executives.
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