Castile Resources Ltd (AU:CST) has released an update.
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Castile Resources Ltd is set to enhance its production capabilities by developing a critical minerals processing plant in Darwin’s Middle Arm Sustainable Development Precinct, focusing on the refinement of gold, copper, and cobalt. The company has secured land and support from the Northern Territory Government for the project, which promises significant commercial and environmental benefits, and could also process third-party concentrates. Castile ended the quarter with a strong cash position of approximately $2.43 million.
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