CRS Price sensitive 3 Jul 2026, 9:35 AM

West Arunta Divestment Completed

Caprice Resources Ltd

Caprice Resources Completes West Arunta Divestment

Key points

  • Caprice Resources finalized the divestment of the West Arunta Project.
  • The company received A$2.7 million in cash and retains a free-carried exposure.
  • The transaction strengthens Caprice's financial position for future exploration.

Full summary

Caprice Resources Ltd (ASX: CRS) has completed the divestment of the West Arunta Project in Western Australia to Maverick Minerals Australia Limited (ASX: M96) for a total consideration of A$2.89 million. This transaction, originally announced on 27 April 2026, comprises A$2.70 million in cash and A$190,000 in deferred equity consideration. The completion of this transaction provides Caprice with financial flexibility to focus on its Murchison Gold Projects, with the aim of delivering a maiden Mineral Resource Estimate this year. Caprice retains a 15% interest in the Group 1 Tenements, a 25% interest in the Group 2 Tenements, and a free-carried interest through to Decision to Mine.

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