Comet Resources: Acquisition of Highly Prospective Copper-Gold Project in Northern Territory
Commenting on the proposed acquisition, Comet Resources Managing Director Matthew O’Kane stated “This portfolio combines both advanced and early stage copper, gold and base metals targets. Being located in Australia they complement our existing copper and base metals project at Barraba in NSW, and provide Comet increased exposure to copper upside, which we believe will continue to strengthen as a result of increased global infrastructure spending and the transition to clean energy. With our recent placement, we are funded to explore all our existing projects as well as this latest exciting acquisition.”