Thanks for the article.Nice read. At least someone has put the...

Thanks for the article.
Nice read. At least someone has put the plant to use and employed people.

From the article Maroon acquired leases around the plant.
"..and a dozen mining leases around the Blackjack plant – where high-grade production dates back to the early 1900s"

Hmmmm...About the same time CTO relinquished some leases.

"Commenting on the strategy behind Maroon Gold, Mr Pattison said; “We took advantage of the mining downturn in 2017 and 2018 to accumulate a portfolio of distressed and stranded assets in and around the Charters Towers area and have been able to aggregate a quality portfolio of assets under the control of one entity, including the Blackjack processing plant."

Thanks for the fire sale!


Maroon may end up with all of CTO in the end. if they think there is some viability there.