Calidus Enhances Cash Position and Production Upside With Purchase of Nullagine Gold Project

Calidus Resources (ASX:CAI)

Anounced that it has agreed to acquire the Nullagine Gold Project in the Pilbara from Novo Resources Corp. (ASX:NVO).

Calidus has also agreed to licence the use of the Nullagine camp infrastructure to Atlas Iron Pty Ltd. for $14m upfront consideration. Continue reading