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Canterbury Resources Expands Central Queensland Footprint with Jack Shay Acquisition
1:51am on Monday 2nd of June, 2025 AEST
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Mining
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Canterbury Resources Expands Central Queensland Footprint with Jack Shay Acquisition
1:51am on Monday 2nd of June, 2025 AEST
Key Points
Acquisition of Molcopnick Pty Ltd and EPM 29106 (Jack Shay) completed
Consideration includes 5 million shares and 5 million options
Two undrilled targets: Nerangy Cu-Mo porphyry and Red Hill Ni-Cu-Co-Pt prospects
Near-term plans for shallow drilling to define geology and geochemistry
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