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Carnaby Resources Boosts Greater Duchess MRE by 27% with Trekelano Acquisition
9:08am on Friday 31st of January, 2025 AEDT
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Carnaby Resources Boosts Greater Duchess MRE by 27% with Trekelano Acquisition
9:08am on Friday 31st of January, 2025 AEDT
Key Points
Acquisition of 100% interest in Trekelano copper deposit near Greater Duchess
Pro forma Greater Duchess MRE grows 27% to 27Mt @ 1.5% CuEq (400,300t CuEq)
Binding tolling and offtake agreements signed with Glencore for 100% fresh sulphide ore
Raised $17 million via two-tranche placement to fund acquisition and project development
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