25
Aug
03:43
Carnavale sells Barracuda PGE-Ni-Cu project to Midas
Australian mineral exploration firm Carnavale Resources has entered into an option agreement for the sale of its Barracuda platinum group element (PGE)-nickel (Ni)-copper (Cu) project exploration license, close to Mt Magnet in Western Australia, with Australian miner Midas Resources, Kallanish notes.
The divestment is part of Carnavale strategy of crystallizing value from its portfolio of non-core exploration assets.
The option will also provide Midas the oppor…
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