Cosmo Metals’ projects highly prospective for gold, copper-nickel-cobalt (Cu-Ni-Co) and lithium (Li)
Company name: COSMO METALS LTD
Code: CMO.ASX
The proceeds from recent capital raise will place Cosmos in a strong position to execute their current strategy to create value from their WA gold and base metal asset portfolio. Cosmo’s Managing Director, James Merrillees notes ‘The acquisition of the KGP complements the Company’s existing base metals and lithium portfolio at Yamarna and is a low-cost entry into the prolific Eastern Goldfields adjacent to world-class projects with exceptional infrastructure.’
Quick Company facts
About the company
COSMO METALS LIMITED (CMO) is an ASX-listed, gold and base metals exploration company with key projects located in Western Australia. In early CY 2024, Cosmo announced the intention to acquire the Kanowna Gold Project (KGP) located adjacent to the 7m ounce Au Kanowna Belle gold mine some 13km north of Kalgoorlie.
Cosmo is also active in the underexplored Yamarna Belt in the Eastern Goldfields region which is considered highly prospective for copper-nickel-cobalt (Cu-Ni-Co), lithium (Li) and platinum group elements (PGE).
Cosmo’s activities are supported by a well-regarded technical team who are advancing exploration on multiple fronts to unlock the potential of both the KGP and Yamarna Projects.
DISCLAIMER: ‘The information does not constitute personal financial advice. Consult your adviser or broker prior to making any investment decision.
For further information about this company, email – shareholder@pelshare.com.au