Caravel appoints Ausenco as Rio invests in Western Copper

AS the copper world woke up to the news Rio Tinto was investing C$25.6 million in Canadian company Western Copper and Gold, ASX-listed copper play Caravel Minerals was appointing Ausenco as the lead engineer for a prefeasibility study of its namesake, similarly low-grade project in Western Australia.

Caravel appoints Ausenco as Rio invests in Western Copper Caravel appoints Ausenco as Rio invests in Western Copper Caravel appoints Ausenco as Rio invests in Western Copper Caravel appoints Ausenco as Rio invests in Western Copper Caravel appoints Ausenco as Rio invests in Western Copper

Caravel is proceeding to a PFS on its namesake project

Results of the study are expected in the early 2022.

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