CAPITAL MARKETS

Westgold targets Yandal gold

WESTGOLD Resources has acquired a 40% stake in private outfit Navarre Resources, holder of the Rover polymetallic project in the Northern Territory and a tenement package on the Yandal greenstone belt in Western Australia.

Ben Sharples

Emerging from a trading halt late yesterday, Westgold announced it was acquiring a 40% stake in Navarre through staged payments of $1.8 million over 12 months. Westgold can then increase its stake to 51%...

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