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CGN Resources Secures 386 km² in Leonora, Boosting Gold Exploration Potential

9:34am on Wednesday 28th of January, 2026 AEDT Mining
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CGN Resources Secures 386 km² in Leonora, Boosting Gold Exploration Potential

9:34am on Wednesday 28th of January, 2026 AEDT
Key Points
  • Acquisition of 142 km² Desdemona Project adjacent to existing Leonora tenure
  • Consolidated landholding now totals 386 km² across Christmas Well, Panhandle, and Desdemona
  • Deal includes 5 million CGN shares and milestone-based cash payments
  • Landholding borders major gold mines including Gwalia, King of the Hills, and Ulysses
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