Comet Resources completes acquisition of Cu-Au-Zn-Ag-Pb assets in Northern Territory
2021-05-11 13:57:17 [Print]
Australian-based Comet Resources Ltd. reports that it has now finalised its due diligence and has completed the acquisition of a portfolio of highly prospective copper-gold-zinc-silver-lead assets in the Northern Territory of Australia ("Portfolio") from Bath Resources Pty Ltd.
Assets include Oonagalabi Copper-Zinc Project, Paradise Well Copper-Gold Prospect and the Silver Valley Copper-Gold-Silver-Lead Prospect, which combined cover approximately 840 km2.
Comet plans to utilise modern exploration techniques to rapidly advance the scale of known mineralisation, especially where known geophysical and geochemical anomalies exist that have not been comprehensively drill tested.
Assets include Oonagalabi Copper-Zinc Project, Paradise Well Copper-Gold Prospect and the Silver Valley Copper-Gold-Silver-Lead Prospect, which combined cover approximately 840 km2.
Comet plans to utilise modern exploration techniques to rapidly advance the scale of known mineralisation, especially where known geophysical and geochemical anomalies exist that have not been comprehensively drill tested.
Lead Conc. TC 50%min CIF China
Unit:USD/mt
China primary lead producers' sales to production ratio statistics by province by month
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