Parker Range Iron to become a Gold Valley project

Gold Valley Group is pleased to announce that it has agreed in principle to purchase the Parker Range iron ore project pending the execution of a mutually acceptable agreement. With iron ore prices showing both buoyancy and resilience and capacity at the Port of Esperance, Parker Range represents a significant opportunity for Gold Valley to apply its expertise to deliver value to our shareholders and jobs for the local community. Yuzheng Xie said “It has been a pleasure working with Cazaly Resources to close this deal. I look forward to our ongoing relationship as Gold Valley takes Parker Range successfully forward.”