Keras Resources welcomes resource estimate increase at Australia gold project

Keras Resources noted that Sydney-listed Caldius Resources had reported a substantial increase in the size of the mineral resource estimate at its Warrawoona gold project in Australia.

Keras currently owns a 32.3% stake in Calidus.

The publication of the updated resource was an important prerequisite for the completion of a pre-feasibility study at Warrawoona, which was targeted for release in the third quarter of 2019.

At 9:30am: (LON:KRS) Keras Plc share price was +0.03p at 0.4p