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Cavalier Resources Secures US$11M Streaming Deal to Propel Crawford Gold Project
5:46am on Monday 2nd of June, 2025 AEST
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Mining
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Cavalier Resources Secures US$11M Streaming Deal to Propel Crawford Gold Project
5:46am on Monday 2nd of June, 2025 AEST
Key Points
Non-binding US$11 million streaming finance term sheet signed with Raptor International
Revised PFS shows 580% IRR, A$51.7 million NPV8, and A$66.7 million pre-capex cashflow
Funding facility is non-dilutive, supporting Stage 1 open pit development without equity raising
All key mining compliance reports and approvals submitted; minor appeal on vegetation permit ongoing
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