Castillo Cooper
(ASX:CCZ) has completed the purchase of Total Iron Pty Ltd and now holds an additional five highly prospective cobalt-copper-zinc-nickel projects in New South Wales and Queensland.
The explorer says the new prospects add to its stable, bringing the total number of projects to 11.
It is also of significance importance to the mineral company, enhancing its Queensland footprint with Mt Oxide project and also brings its Marlborough project into the fold too.
Castillo Cooper says it now has a clear path to expedite developing four JORC compliant inferred resources, which enhances its exploration upside.
Shares in Castillo Cooper
(ASX:CCZ) last traded over 4.5 per cent higher yesterday to 4.6 cents.
