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Spitfire has chance to fly with Excelsior deal

THE John Young-Neil Biddle duo have pulled off another M&A deal, this time being key players in a logical-looking merger between their Spitfire Materials and fellow north Kalgoorlie-focused gold company Excelsior Gold.

Michael Quinn
Spitfire and Excelsior target golden future north of Kalgoorlie.

Spitfire and Excelsior target golden future north of Kalgoorlie.

The merged company - to be owned 58.3% by Spitfire - will hold more than 2 million ounces of resources, with a prefeasibility study to be kicked-off on a "substantial new WA production hub near Kalgoorlie"....

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