It was listed as PNO until it re listed as a gold company CAI Calidus Resources last year in June .
Alkane Resources mining and exploration company invested $ 3.7 million at 2.95 cents 4 months ago whilst adding more than $ 556 000 a few months ago in December . CAI , Currently trading at 2.7 cents .
200 historic mines located on tenements • Very limited previous exploration focused around the Klondyke workings • Majority of package not covered by any soil sampling or drilling
exploration upside both adjacent to existing resources and in greenfields areas on 781 km2 tenement package being targeted in 2019
20 February 2019 Calidus Appoints GR Engineering for the Warrawoona PFS Calidus Resources Limited (CAI) (Calidus or the Company) is pleased to announce that GR Engineering Services Limited (GNG) (GR Engineering) has been appointed to undertake the Pre-Feasibility Study for Calidus on the 1.25 million ounce Warrawoona Gold Project. The Pre-Feasibility Study is scheduled to be completed in Q3 of this calendar year. GR Engineering are an ASX listed, engineering company that has successfully managed 19 gold feasibility studies and the construction of three gold processing plants in Western Australia in the last 2 years and has an excellent track record of delivering process plants on time and on budget. Calidus Managing Director Dave Reeves commented, “The appointment of GR Engineering to undertake the Pre-Feasibility Study for Calidus is another step towards development of the Warrawoona Gold Project. Detailed inputs for the study have been collected over the last 12 months to ensure an accurate representation of the economics can be provided to investors on the completion of the Pre-Feasibility Study and allow discussions to commence with debt financiers. With regional drilling of untested anomalies due to commence next month in parallel with the Pre-Feasibility Study, we believe we are just starting to unlock the true value of this untested greenstone belt in Western Australia.”
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