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Tyranna shareholders reject Jumbuck sale to Syngas

27th November 2020

By: Mariaan Webb

Creamer Media Contract Publishing Editor

     

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Mineral exploration company Tyranna Resources is open to alternative offers for the Jumbuck gold project, in Western Australia, after shareholders rejected the sale of the project to Syngas.

Syngas offered A$2.25-million for the asset, which has also attracted interest from other parties, including Marmota.

Marmota on November 17 increased its offer price for Jumbuck to A$3-million.

The Jumbuck project hosts 319 000 oz of gold.

Edited by Creamer Media Reporter

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