MinRes swoops on Cazaly's Parker Range 

THE future of Mineral Resources’ recently resurrected Koolyanobbing operations in Western Australia’s Yilgarn region is more secure this morning after the company trumped an offer by private concern Gold Valley Iron to buy Cazaly Resources’ legacy iron ore assets.

MinRes swoops on Cazaly's Parker Range  MinRes swoops on Cazaly's Parker Range  MinRes swoops on Cazaly's Parker Range  MinRes swoops on Cazaly's Parker Range  MinRes swoops on Cazaly's Parker Range 

Parker Range.

In June, Cazaly and GVI agreed terms for a A$13 million sale of Parker Valley, but it seems Chris Ellision's MinRes came knocking with a better offer, offering $20 million cash up front and a 50c per