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The latest announcement is out from Cavalier Resources Limited ( (AU:CVR) ).
Cavalier Resources Limited announced that Raptor Capital International Limited has completed the technical due diligence for the Stage 1 open pit at the Crawford Gold Project, marking a significant milestone in the project’s development. The completion of due diligence allows both parties to move forward with negotiations for a US$11 million stream finance facility, which will support the project’s development and enhance Cavalier’s capacity to bring the Crawford Gold Project into production. This development underscores Raptor’s commitment to the project and positions Cavalier to advance its operations in the gold mining sector.
More about Cavalier Resources Limited
Cavalier Resources Limited is a company operating in the gold mining industry, focusing on the development of the Crawford Gold Project. The company is engaged in the exploration and development of gold resources, aiming to bring its projects into production.
Average Trading Volume: 109,252
Technical Sentiment Signal: Buy
For an in-depth examination of CVR stock, go to TipRanks’ Stock Analysis page.