Currently viewing Global edition

Galane buys Western Australia gold asset

Doray Minerals has sold the shuttered Andy Well project in Western Australia for A$10 million to a Toronto-listed company with modest gold projects in Botswana and South Africa called Galane Gold (TSXV: GG).

Galane buys Western Australia gold asset Galane buys Western Australia gold asset Galane buys Western Australia gold asset Galane buys Western Australia gold asset Galane buys Western Australia gold asset

Andy Well in Western Australia

Doray will get $3 million up front as well as $1 million of Galane shares, with two further payments of $3 million after 12 and 24 months.