Buxton Resources Ltd [ASX: BUX] - Buxton Acquires the Yalbra Graphite Project
Buxton Resources is pleased to announce that it has exercised its option to acquire 85% of the Yalbra Graphite Project in the North West Gascoyne region of Western Australia from Montezuma Mining Ltd.
Buxton Resources Managing Director Anthony Maslin said “The acquisition of the Yalbra Graphite Project is an exciting step for Buxton Resources. Yalbra is one of only a handful of known graphite deposits in WA, and clearly very prospective.
We have begun discussions with the traditional land owners and pastoralists and look forward to commencing field activities as soon as possible.”