Constellation Resources Ltd. (AU:CR1) has released an update.
Constellation Resources Ltd. has announced the successful acquisition of the Ularring Copper Gold Project in Western Australia, indicating a strong potential for large scale copper-gold deposits in the region. The Project, previously owned by Breaker Resources NL, a Ramelius Resources Limited subsidiary, boasts promising historical drill results and a highly prospective location near several major deposits. The acquisition opens up opportunities for exploration along a 24km shear corridor, with existing drill results showing significant copper-gold mineralization.
For further insights into AU:CR1 stock, check out TipRanks’ Stock Analysis page.