StockTake: Albion’s sale of Mongers Lake to Capricorn to boost Yandal West gold hunt

Stockhead’s Tylah Tully looks at a deal between Albion Resources (ASX:ALB) and Capricorn Metals (ASX:CMM) for the sale of the Mongers Lake gold project.

Albion received $100,000 in cash and $1.4 million in Capricorn shares for the gold asset, giving it continued exposure to a highly prospective project adjacent to CMM’s Mt Gibson mine plans as ALB continues its gold hunt over the underexplored Yandal greenstone belt.

Watch the video to learn more.

This video was developed in collaboration with Albion Resources, a Stockhead advertiser at the time of publishing.

This video does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.