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Cavalier Resources: Advancing Gold and Battery Metals Projects

Sep 05, 2025

Cavalier Resources Limited (ASX: CVR) is an Australian exploration and development company with projects targeting gold, lithium, and nickel across Western Australia. Its flagship asset, the Crawford Gold Project within the Leonora Gold Project, has a Probable Ore Reserve of 29,300 ounces and demonstrated strong economics in its revised Pre-Feasibility Study, including an NPV of AU$51.7 million and IRR of 580% at AU$4,600/oz gold. The company recently secured commitments to raise AU$2.14 million through a placement to fund resource development drilling, pre-mine expenditures, and working capital. In parallel, it continues negotiations for an indicative US$11 million secured pre-payment agreement with Raptor Capital. Cavalier also holds interests in the Hidden Jewel Gold Project and Ella’s Rock Li-Ni-Au Project, adding exposure to battery minerals. Through a focused growth strategy, the company aims to fast-track mine development and expand its resource base, positioning itself as a junior resource developer with multi-commodity potential.

 

 

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