Caeneus buys major stake in Pardoo

September 4, 2016

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Minerals explorer Caeneus Minerals has acquired a majority interest in the Pardoo nickel project, in Western Australia.

Caeneus on Monday announced that its subsidiary Port Exploration had signed a joint venture agreement with fellow-listed Segue Resources under which it would spend A$250 000 on exploration within the next 12 months, to gain a 51% interest in the project.

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