Wyloo Metals has entered into a binding agreement with Broken Hill Alliance Pty Ltd, a 100 per cent owned subsidiary of Castillo Copper (“Castillo”), for the sale of two tenements located in the mining province of Broken Hill.
Under the agreement, Castillo has agreed to acquire EL8434 and EL8435 from Wyloo Metals for a cash consideration plus a 2 per cent Net Smelter Return (NSR).
Wyloo Metals is a company of Tattarang. It manages a diverse portfolio of wholly-owned exploration projects and cornerstone investments in both public and private companies.