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How Will Caravel’s $15M Loan Accelerate Its Copper Project’s Feasibility Study?
6:02pm on Wednesday 30th of July, 2025 AEST
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How Will Caravel’s $15M Loan Accelerate Its Copper Project’s Feasibility Study?
6:02pm on Wednesday 30th of July, 2025 AEST
Key Points
Secured $15 million non-dilutive loan from Regal Resources Royalties Fund
Finalised simplified process flowsheet for high-grade copper and molybdenum production
Initiated tender process for Definitive Engineering Study (DES) starting Q3 2025
Appointed Study Manager to oversee DFS delivery targeted for 2026
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Caravel Minerals (ASX:CVV)
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