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DiscovEx Resources Limited ( (AU:LAT) ) has issued an announcement.
Carnaby Resources Limited has announced the acquisition of the remaining 17.5% interest in the Greater Duchess Copper Gold Joint Venture from Latitude 66 Limited, securing 100% ownership of the project. This transaction simplifies the ownership structure, allowing Carnaby to make unhindered decisions as it progresses towards the development of the project. The acquisition is expected to enhance the company’s exploration and production potential, aligning with its ongoing Pre-Feasibility Study and enabling expedited project development.
More about DiscovEx Resources Limited
Carnaby Resources Limited is a company operating in the mining industry, focusing on the exploration and development of copper and gold projects. The company is involved in the Greater Duchess Copper Gold Project, which includes several significant Iron Oxide Copper Gold (IOCG) deposits over a large area in Queensland, Australia. Carnaby has a strong management team and a solid financial position, which supports its strategic initiatives in the mining sector.
Average Trading Volume: 145,241
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$6.62M
See more insights into LAT stock on TipRanks’ Stock Analysis page.