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Copper Search Ltd. ( (AU:CUS) ) has provided an update.
Copper Search Ltd., through its subsidiary Altitude Gold Pty Ltd, has entered into an Option to Purchase Agreement with Rimfire Pacific Mining for the Cowal Project, located near the Cowal Gold Mine in central New South Wales. The 6-month exclusive option period has begun following the fulfillment of conditions, including the waiver of the right of first refusal by Sandfire Resources Limited and the payment of a $50,000 cash option fee to Rimfire. This agreement marks a significant step for Copper Search in expanding its exploration and potential acquisition activities in the region.
More about Copper Search Ltd.
Average Trading Volume: 148,323
Technical Sentiment Signal: Sell
Current Market Cap: A$2.49M
For an in-depth examination of CUS stock, go to TipRanks’ Stock Analysis page.