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Cosmo Metals Eyes NSW Gold-Copper Riches with $1.6M Capital Raise
8:38am on Monday 2nd of June, 2025 AEST
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Mining
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Cosmo Metals Eyes NSW Gold-Copper Riches with $1.6M Capital Raise
8:38am on Monday 2nd of June, 2025 AEST
Key Points
Binding Heads of Agreement to acquire 100% of Bingara and Nundle projects
Projects cover over 40km of historic goldfields with high-grade gold and copper mineralisation
Initial exploration includes drone-based geophysical surveys and maiden drilling plans
Underwritten 4-for-5 Entitlement Offer to raise approximately $1.6 million
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Cosmo Metals (ASX:CMO)
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