Aurelia earns 51% interest in Cobar Project
Aurelia Metals has signed an agreement with Legacy Minerals for the Cobar Project in New South Wales, Australia.
The agreement allows Aurelia to earn an initial 51% interest by funding $358,690 of exploration within two years.
The Cobar Basin is recognized for its copper, gold, lead, zinc, and silver resources, and supports a long-standing mining workforce and infrastructure.
Aurelia’s involvement is expected to enable discoveries to progress from exploration to possible development, with Legacy Minerals retaining a 10% joint venture interest