GLTAH
ASX Announcement 19 October 2017
CAENEUS EXPANDS PILBARA FOOTPRINT WITH KEY GOLD PROJECTS Caeneus
Minerals Ltd (“Caeneus” or “the Company”)
(ASX: CAD) is pleased to announce that it has reached a conditional agreement to acquire 100% of the issued capital of Mt Roe Mining Pty Ltd
(“Mt Roe”) (“the Acquisition”) which has acquired the rights to key Pilbara Craton projects joining the search for gold mineralisation associated with outcropping Witwatersrand style conglomerates similar to the geology of Novo Resources Corp (“Novo”) (TSX-V: NVO) at the Purdy’s Reward prospect and De Grey Mining Ltd’s (“De Grey”) (ASXEG) Loudens’ Patch.
Highlights
➢ 100% of Mt Berghaus, Roberts Hill and Yule River Projects (in application)
. ➢ Mapped metamorphosed conglomerates and pegmatites (Yule River).
➢ Mt Berghaus and Roberts Hill bound De Grey and Novo tenements with 30km of untested splay faults adjoining Indee Fault.
➢ Placement to Sophisticated Investors raises $200,000 (before costs)
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