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Calidus Resources Limited Secures Agreement to Tap into Major Gold Deposits in Pilbara Calidus Resources Limited

Calidus Resources Limited Secures Agreement to Tap into Major Gold Deposits in Pilbara

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Calidus Resources Limited, a well-regarded gold exploration and development company, has acquired an agreement to unlock substantial gold deposits in Australia's Pilbara region.

This feat was confirmed as the company announced its plans for the Blue Spec Project, one of Australia’s richest gold deposits, located in Western Australia's renowned Pilbara Goldfield. The Blue Spec Project, situated 20km southeast of the Nullagin township and 70km from the entirely owned Warrawoona Gold Project, promises to be a significant contributor to the company's gold yield.

The company also reported a fresh gold discovery following an inaugural drilling program about 7km from its Blue Spec Gold Project. This new find is reported to align strongly with mapped zones of hematite alteration, hinting at the potential of the site.

Simultaneously, Calidus Resources has recorded new production rates at its Warrawoona Gold Project. The ASX-listed gold producer is scaling up the 1.

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7 million ounce Warrawoona Gold Project in the East Pilbara district of Western Australia.

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