Kalamazoo offloads Snake Well gold project to Adaman for $7.0m

November 2018

Kalamazoo Resources is selling its Snake Well gold project in the Murchison region of Western Australia to Adaman Resources for $7 million.

The Snake Well sale follows Kalamazoo’s acquisition of the entire Wattle Gully gold project and the surrounding Castlemaine Goldfield in Victoria in June.

Kalamazoo can engage Adaman to provide up to $4 million of drilling services at the Wattle Gold project under the Snake Well deal. These funds would be deducted from the sale proceeds.

Read the full article at https://www.australianmining.com.au/news/kalamazoo-offloads-snake-well-gold-project-adaman/