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Crest buys Reeds Comet Vale project

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PERTH (miningweekly.com) – ASX-listed explorer Crest Minerals has signed an agreement with fellow listed Reed Resources to acquire the Sand Queen Gold Mines, which holds the Comet Vale gold project, for A$6-million in cash. The Comet Vale project includes the Sand Queen gold mine, which is currently on care-and-maintenance, and which holds a total resource of 534 000 t, at 10.8 g/t gold, ...

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