Cervantes Corporation Ltd is an ASX listed company (ASX:CVS) head quartered in South Perth, Western Australia.
Since receiving approval from the ASX to make the transition to an exploration company in 2016, Cervantes has since acquired a number of tenements located in Western Australia. They include;
Paynes Find Gold Project (Mid West, Yalgoo)
The Paynes Find Gold Project is the largest tenement package held by Cervantes. The project consists of 20 permits, made up of 12 PL's, 1 EP and 7 mining leases covering some 700 hectares, with an estimated 10km strike length.
Garden Gully (Meekatharra)
Garden Gully is an exploration permit immediately adjoining Thundelarra’s (ASX Code: THX) northern boundary of their very promising Garden Gully exploration program, and reported as having spectacular results to date.
Albury Heath (Meekatharra)
Albury Heath is an old well known in the Meekatharra district with a Maiden JORC Resource Estimate of 390,000t @2.15g/t Au for 27,000oz.
Albany Fraser Range (Esperance)
The Albany Fraser Range project consists of a 56 block area within the highly prospective and active Albany-Fraser Range District, which contained the Sirius Resources Ltd discovery of the Nova Nickel-Copper Deposit, eventually taken over by Independence Gold for some $1.8 billion.
Worth a gamble I think!
CVS Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
