168 ADELAIDE TERRACE, LEVEL 1
EAST PERTH
Western Australia
Australia,
6004
Phone: +61 (0)8 9326 5788
Fax: +61 (0)8 9202 1050
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Company SummaryAragon Resources Limited (Aragon) is engaged in the exploration for minerals. The Company has three project areas in Western Australia: Yandal Belt Project located between the Jundee and Darlot Mining Camps; the Wiluna Project located approximately 10 kilometers west of Wiluna, and the Kambalda Project located in and around the Lake Lefroy region east of Kambalda.
Company NewsThursday, November 12, 2009 Aragon Resources Ltd announced on the 15th October 2009 that it intended to make an off-market takeover for all the shares in unlisted explorer Hot Chili Limited. The offer was subject to completion of technical, legal and financial due diligence. Although Aragon was satisfied with the technical merits of the projects and their potential, it was unable to satisfy itself as to the surety of pending agreements on key tenements within the overall package. Aragon and Hot Chili have been unable to agree to revised terms and/or deferrals to reflect the uncertainty of finalization of these titles. Hence, the parties have mutually agreed not to proceed with the transaction. News ReleasesThursday, November 12, 2009 Thursday, October 15, 2009 Map Legend: Producer Past Producer  Development  Exploration |
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