Cape Lambert Resources Limited has commenced drilling at its wholly owned Leichhardt copper project located approximately 100km north northeast of Mount Isa, Queensland, Australia.
Cape Lambert Iron Ore announced that the company has signed an Asset Sale Agreement to acquire, through its wholly owned subsidiary Cape Lambert Leichhardt Pty Ltd, the Leichhardt Copper project, Queensland, Australia, from Matrix Metals Limited for A$8.5M. Leichhardt Copper project comprises a copper cathode process plant capable of producing 9,000 tpa, and an extensive landholding with considerable exploration upside.
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