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Cameo acquires project for C$1

Cameo Cobalt Corp (TSXV: CRU) has described its C$1 (US$0.97) acquisition of the Willa property, and buying a former molybdenum mine and mill in British Columbia, as “watershed purchases” for the company.

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Infrastructure at the past-producing MAX molybdenum mine and mill

The acquisitions come with an 18-month deadline to production at Willa, with the company hoping Willa's gold-copper-silver mineralisation could be processed at the MAX mill 142km away.