Codrus Minerals Ltd
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Mukinbudin becomes a hotbed for rare earth element exploration
Remote Western Australian country town Mukinbudin recently took its place on the global critical minerals stage when two separate companies with two separate projects announced significant rare earth element (REE) results within hours of each other. Located in the far north-eastern Wheatbelt region of WA, approximately 298 kilometres east of Perth, Muka (as it is […]
Codrus Minerals hits rare earths up to 4,764ppm at clay-hosted project in first hole
Previously gold and copper focused Codrus Minerals (ASX: CDR) looks to have made the right decision to diversify into critical minerals with its first hole at the Karloning project intercepting high-grade rare earths elements (REE). The Karloning rare earths-niobium project is located in Western Australia’s Wheatbelt, and 30km from the town of Mukinbudin, is served […]
Codrus Minerals signs deal to earn 90% equity in Karloning rare earth elements project
Codrus Minerals (ASX: CDR) has signed a farm-in and joint venture agreement with private vendor Talgomine Minerals to earn up to 90% interest in the Karloning rare earth element (REE) project in Western Australia’s Wheatbelt region. The deal provides Codrus with a low-cost, simple and staged approach to joint venture equity and will be conducted […]
Blackstone Minerals launches $8m Codrus IPO to spin-off Australian, US projects
With its focus now on its Ta Khao nickel-copper project in Vietnam and moving into downstream processing, Blackstone Minerals (ASX: BSX) today opened the initial public offering for Codrus Minerals, the spin-off vehicle for Blackstone’s three Australian and one US projects. Codrus is seeking to raise up to $8 million at $0.20 share with 40 […]