Rafaella Resources Limited is pleased to announce that it has executed a binding heads of agreement with PanEx Resources Ltd (‘PanEx’) for the acquisition of Pan Iberia Ltd).
PanEx Resources’s core business is mining project identification and development. This encompasses everything from discovery, through confirmatory drilling, interpretation and resource definition, metallurgical testwork, preliminary economic evaluation, raising of finance, preliminary and definitive engineering studies, assessment of environmental and social factors and security of tenure.