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Torian acquires Kalgoorlie East gold project expansion tenement

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Torian acquires Kalgoorlie East gold project expansion tenement

Torian Resources Ltd. acquired the Wombola tenement, which surrounds its Kalgoorlie East gold project in Western Australia, for A$10,000 in cash.

The ASX-listed explorer said the tenement contains the past-producing Wombola, Hoffmann and Royal Oak mines, which produced gold between 1906 and 1942, and the acquisition is a natural fit to its current strategy of early stage gold production.

In September, Torian acquired the surface rights to tenements in two areas near Kalgoorlie, which will be explored as part of a profit-sharing agreement with Strategic Projects Mining Pty. Ltd.