Kalamazoo Resources Ltd. (AU:KZR) has released an update.
Kalamazoo Resources Ltd. is in a potential $33 million deal with De Grey Mining Limited for the sale of its Ashburton Gold Project, currently under a 12-month exclusive option agreement. De Grey is actively conducting due diligence studies, including diamond drilling and analyses of historical data, which are advancing well. Kalamazoo’s CEO expressed optimism about the transaction, highlighting its alignment with the company’s strategy to create shareholder value through project enhancement.
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