Draig Resources Ltd. completed the acquisition of Golden Spur Resources Pty. Ltd. and its Bellevue gold property in Western Australia.
The company, which entered an agreement to acquire the property in August, said Dec. 19 that it is working on collating and digitizing historical data ahead of exploration.
Draig also announced the appointment of Alex Passmore as CEO. Passmore recently managed the WA Natural Resources Business of Commonwealth Bank of Australia, comprising a A$2 billion portfolio.