Kalamazoo Resources Ltd. (AU:KZR) has released an update.
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De Grey Mining Limited has completed a crucial metallurgical drilling program for the Ashburton Gold Project, owned by Kalamazoo Resources Ltd., with the potential acquisition of the project hinging upon a $30 million payment. The drilling program, which forms part of De Grey’s due diligence, involved ten holes and extended over 2,152.3 meters. Kalamazoo’s CEO expressed optimism regarding the project’s benefits for shareholders and synergy with De Grey’s Hemi Gold Project.
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