Tyranna announces Kalgoorlie gold mine acquisition

ASX-listed gold explorer Tyranna Resources on Friday announced the acquisition of the near-producing Eureka project in Kalgoorlie, Western Australia, from TSX-V-listed Central Iron Ore for $3.2-million consisting of cash and shares. The acquisition of the Eureka project, including the Eureka opencut mine where production is set to start this month would provide Tyranna with a potential cash generating asset, which could provide funding for exploration at the Jumbuck gold project in South Australia.