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.”
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