Navigator Resources will press ahead with its acquisition of the Bronzewing gold operation after securing a $16 million debt facility and revealing plans for a $24 million capital raising.
West Perth-based Navigator Resources plans to undertake trial mining at its Leonora gold project after reaching a deal with St Barbara to treat the gold at the Gwalia mill.
West Perth-based Navigator Resources has entered into a deal to buy the Bronzewing gold mine from the administrators of View Resources for nearly $10 million.
SALLY Malay Exploration (SME), a wholly-owned subsidiary of Sally Malay Mining, has achieved a farm-in agreement with fellow local explorer Navigator Resources to earn a 70 per cent interest in Naviga