Kalamazoo Resources Announces Progress in Gold Project Deal

Kalamazoo Resources Ltd. (AU:KZR) has released an update.

Kalamazoo Resources Ltd. has announced the completion of De Grey Mining’s site-based due diligence program at the Ashburton Gold Project, a significant milestone under their Option to Acquire Agreement. With exclusivity granted until February 2025, De Grey has the opportunity to acquire the project for $30 million, which could enhance Kalamazoo’s future prospects. The ongoing studies, including metallurgical tests, are progressing, indicating a robust evaluation process for potential acquisition.

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