Metals X has acquired 3 companies.
Metals X’s largest acquisition to date was in 2015, when it acquired Silver Lake Resources - Comet Gold Project for $2M. The Company’s most targeted sectors include metals/mining (100%).
Unit 202, 39 Mends Street Level 2,
South Perth,
WA 6151
Australia,
61 8 9220 5700
www.metalsx.com.au
| Date | Target |
Value
$mlns |
Transaction Type | Acquirer | Seller |
SRC
Link |
|---|---|---|---|---|---|---|
| 2015-11-25 |
Silver Lake Resources - Comet Gold Project · Metals/Mining
, Australia The Comet Gold Project covers an area of 50 square kilometres and includes the Comet, Comet North and Pinnacles Mines which includes the Lunar/Solar Prospects. Silver Lake has previously reported a total mineral resource estimate of 3.8 million tonnes at 2.9 g/t Au containing 353,000 ounces of gold (refer to Silver Lake’s 2015 Annual Report). Metals X’s initial focus will be on the Comet mine which it plans to develop as an underground operation consisting of a current total mineral resource estimate of 1.46 million tonnes at 4.8 g/t Au containing over 225,000 ounces. |
2 | Divestiture |
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