Shaw River Manganese Sells Non-Core Assets to Kalamazoo Resources

Mining Weekly reported that Shaw River Manganese has sold its non-core gold and base-metals assets in Western Australia to Kalamazoo Resources in an effort to streamline focus.

As quoted in the market report:

The sale of the projects would reduce Shaw’s yearly tenement obligations by up to A$647 000, allowing the company to remain leveraged to future exploration success by virtue of its new shareholding in Kalamazoo.

To view the whole Mining Weekly report, click here.