Capricorn Expands in Mount Gibson Gold District Capricorn Metals has made a low-key Christmas acquisition in Western Australia’s Mount Gibson gold district, strengthening its regional footprint. The company has agreed to buy the nearby Yalgoo project for $4.5 million, adding around 1,000 square kilometres of prospective ground to its existing exploration holdings. Strengthening the Mount Gibson footprint The Yalgoo project sits close to Capricorn’s recently acquired Golden Range and Fields Find projects, both located near the Mount Gibson area. The land package is considered prospective for gold and copper, with scope for future discoveries. Rather than a short-term production move, the acquisition is aimed at long-term consolidation across the district. Focus on future ore supply Capricorn has positioned the deal as a strategic step to secure potential future ore sources, supporting the long-term outlook for mining operations in the Mount Gibson region. The acquisition reflects an end-of-year strategy focused on locking up ground early, while exploration activity is expected to ramp up in future years.

Capricorn Expands in Mount Gibson Gold District Capricorn Metals has made a low-key Christmas acquisition in Western Australia’s Mount Gibson gold district, strengthening its regional footprint. The company has agreed to buy the nearby Yalgoo project for $4.5 million, adding around 1,000 square kilometres of prospective ground to its existing exploration holdings. Strengthening the Mount Gibson footprint The Yalgoo project sits close to Capricorn’s recently acquired Golden Range and Fields Find projects, both located near the Mount Gibson area. The land package is considered prospective for gold and copper, with scope for future discoveries. Rather than a short-term production move, the acquisition is aimed at long-term consolidation across the district. Focus on future ore supply Capricorn has positioned the deal as a strategic step to secure potential future ore sources, supporting the long-term outlook for mining operations in the Mount Gibson region. The acquisition reflects an end-of-year strategy focused on locking up ground early, while exploration activity is expected to ramp up in future years. — ASX:CMM| ASX Mining News & Discussion