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Cadoux Secures Up to 80% Stake in Wimmera Rare Earths with High-Grade Danube Drilling
10:36am on Tuesday 9th of June, 2026 AEST
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Mining
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Cadoux Secures Up to 80% Stake in Wimmera Rare Earths with High-Grade Danube Drilling
10:36am on Tuesday 9th of June, 2026 AEST
Key Points
JV earn-in agreement for up to 80% of Wimmera Mineral Sands Project
Danube prospect shows Exploration Target of 50–100 Mt @ 800–1,200 ppm TREO
Initial drilling highlights high in-situ zircon grades up to 5%
Staged cash and share payments with vendors free-carried to decision to mine
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