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Coolgardie's new owners

AUSTMINEX and Canadian joint venture partner Matador have completed the acquisition of the Coolgardie gold project from Leviathan Resources and Herald Resources, with Austminex flagging the "most intensive and comprehensive exploration and development program ever seen in the history of the Coolgardie region".

Chris Cann

Austminex and Matador made an outstanding aggregate settlement of $A3.5 million cash and five million Austminex shares after having paid the initial purchase instalment of $A500,000 plus 4.1 million Austminex...

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