Dampier Gold announces the commencement of Credo Well Farm Joint Venture

Dampier Gold Limited (ASX:DAU) announced the successful completion of its due diligence on the Credo Well Project in accordance to the binding terms sheet dated 4 October 2019 with Torian Resources Limited (ASX:TNR). The Company updated its willingness to proceed to earn a Farm-in Interest in the Tenements comprising the Credo Well Project, with 6 January 2020 being the commencement date for the same.

Dampier has identified several priority targets which it will test with detailed drilling.

Under the agreement, the company has a right to a 25% interest in the Credo Tenements by incurring expenditure on the Credo Tenements of A$0.5m no later than 15 months from the Commencement Date.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK