Mungana Goldmines Limited (ASX: MUX) – $0.150

24 Jul 2014

Mungana Goldmines is set to move ahead with its North Queensland zinc strategy after its shareholders approved the previously announced $15 million acquisition of a portfolio of base metal assets from the Liquidators of Kagara Limited.

The portfolio being acquired includes one of Australia’s highest grade undeveloped zinc deposits, the King Vol Project. The acquisition is expected to be completed by 31 July 2014.

For further information, visit www.munganagoldmines.com.au

 

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