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The latest update is out from Castle Minerals Limited ( (AU:CDT) ).
Great Boulder Resources has renegotiated its agreement with Castle Minerals to acquire a 75% interest and jointly explore the Polelle and Wanganui Projects near Meekatharra, Western Australia. The revised agreement extends the option period by 12 months, allowing GBR additional time for exploration before deciding on joint venture acquisition. GBR is committed to spending a minimum of $600,000 on exploration over two years, with Castle waiving a $100,000 extension fee. This strategic move aims to advance exploration at these sites, potentially enhancing GBR’s mineral resource base near its existing Side Well Gold Project.
More about Castle Minerals Limited
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$3.79M
For detailed information about CDT stock, go to TipRanks’ Stock Analysis page.
