Canadian company buys Doray's Andy Well

DORAY Minerals has sold the shuttered Andy Well project in Western Australia for A$10 million to a Toronto-listed company with modest gold projects in Botswana and South Africa called Galane Gold.

Canadian company buys Doray's Andy Well Canadian company buys Doray's Andy Well Canadian company buys Doray's Andy Well Canadian company buys Doray's Andy Well Canadian company buys Doray's Andy Well

Andy Well

Doray will get $3 million up front as well as $1 million of Galane shares, with two further payments of $3 million after 12 and 24 months.