3D sees spin-out in the stars

3D Resources has decided the market’s near-insatiable appetite for gold exploration stories means that nearly 15 years after it secured an interest in Western Australia’s Cosmo Newbery project, the time is right to spin it out in its own vehicle with a planned A$4-4.5 million float in December.

3D sees spin-out in the stars 3D sees spin-out in the stars 3D sees spin-out in the stars 3D sees spin-out in the stars 3D sees spin-out in the stars

Cosmo Newbery

Pending the approval of shareholders, the new Cosmo Gold will take control of the project, allowing 3D to focus on its newer Adelong gold project in New South Wales.