middle.news

Carnaby Resources Boosts Greater Duchess MRE by 27% with Trekelano Acquisition

6:29pm on Sunday 1st of June, 2025 AEST Mining
Read Story

Carnaby Resources Boosts Greater Duchess MRE by 27% with Trekelano Acquisition

6:29pm on Sunday 1st of June, 2025 AEST
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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Carnaby Resources (ASX:CNB)
OPEN ARTICLE