CGN – CGN Assets | Aussie Inventory Boards


CGN Assets holds an 86% hobby in six granted exploration licenses and two pending programs for exploration licences which contain the Webb Venture.

The Webb Venture is a considerable 948 km2 bundle of tenements within the potential West Arunta Area of Western Australia. Higher exploration process and extremely encouraging effects from close to neighbours WA1 Assets Ltd (ASX: WA1), Rio Tinto Workforce (ASX: RIO), IGO Ltd (ASX: IGO) and Come upon Assets Ltd (ASX: ENR) have highlighted the prospectivity of the area.

Key highlights for the Webb Venture come with:

(a) a big contiguous land bundle overlaying the extremely potential West Arunta area for copper, nickel and uncommon earth components in Western Australia;

(b) extremely anomalous copper (as much as 0.23% Cu), nickel (as much as 1.15% Ni) and uncommon earth components (as much as 0.71% TREO) values intersected in earlier diamond-focussed exploration drilling;

(c) a couple of drill-ready iron oxide copper gold (IOCG) goals in response to geological and geophysical surveys;

(d) really extensive vary of goals together with IOCG, magmatic nickel, carbonatite and diamonds;

(e) extremely skilled Board and control in mineral exploration; and

(f) the new discovery of primary metalliferous carbonatites via WA1 Assets and Come upon Assets demonstrates the opportunity of this area to host mineralised techniques.

It’s expected that CGN will listing at the ASX right through October 2023.




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