Graphite Energy To Buy Large Pilbara Gold District Land Package In WA And Change Name To Australian Goldfields

Graphite Energy Corp (CNSX:GRE.X) (OTCMKTS:GRXXF) (FRA:G0A1) is proposing to buy a highly prospective large land package comprising five distinct projects within the Pilbara Gold District in Western Australia and change its name to Australian Goldfields Ltd.

The proposed acquisition of five under-explored, distinct projects offers a sizeable prospective gold footprint across the Pilbara region, which has a history of significant iron ore production.

However recent high-profile gold discoveries have focused new attention on the region which has highly developed supportive mining infrastructure, with excellent transport networks to key ports.

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