CGN Resources Ltd (ASX:CGR) MD Stan Wholley speaks with Proactive ahead of the WA explorer’s listing on the ASX. Its flagship Webb project, in the Aileron province of the West Arunta Orogen, WA, has been recognised by CGN, its neighbours and Geoscience Australia as being highly prospective for iron oxide copper gold (IOCG)-style mineralisation and nickel sulphide mineralisation. Wholley says that since pegging the ground, the company has been surrounded by major mining companies and aggressive exploration companies that have committed tens of millions of dollars to exploring the region over the coming years.
CGN Resources all set for ASX listing after $10 million IPO