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Capricorn Metals Expands Mt Gibson with $1.5M Mongers Lake Gold Project Deal
8:50am on Thursday 31st of July, 2025 AEST
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Mining
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Capricorn Metals Expands Mt Gibson with $1.5M Mongers Lake Gold Project Deal
8:50am on Thursday 31st of July, 2025 AEST
Key Points
Acquisition of Mongers Lake Project for $1.5 million
Project covers 113 square kilometres contiguous to Mt Gibson tenure
Deferred payments contingent on resource milestones and mining decision
Exploration planned to commence in FY26 with geological mapping and sampling
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