Cosmo Metals Limited (AU:CMO) has released an update.
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Cosmo Metals Limited has strategically expanded its Kanowna Gold Project by acquiring two key tenements from Yandal Resources Ltd, significantly increasing its land holdings to 32 square kilometers and enhancing its gold exploration prospects. The deal, paid for in company shares, positions Cosmo for potential discovery within a region known for substantial orogenic gold anomalies, as the company continues to refine its targets for upcoming drilling campaigns. This acquisition also comes during a transitional phase as Cosmo seeks a new Managing Director to lead further exploration efforts.
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