CAPITAL MARKETS

Berkut bites down on Tick Hill

PERTH-based junior Berkut Minerals will be the vehicle for the backdoor listing of Carnaby Resources, picking up nine-month-old agreements with Diatreme Resources, Syndicated Metals and Superior Resources aimed at giving it control over the Tick Hill gold project in Queensland.

Tick Hill has seen limited drilling.

Tick Hill has seen limited drilling.

Carnaby, which was founded by former Beadell Resources executives Peter Bowler and Robert Watkins, had hoped Tick Hill would be the cornerstone asset for a new float last year, but the pair has now elected...

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