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CAI – Calidus Resources Ltd

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Recommendation Rating

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5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.5

Low: 0.5

High: 0.5

Total Analysts: 1

Company Profile

Calidus Resources Limited is an Australia-based gold exploration and development company. The Company is focused on Warrawoona Gold Project located in the East Pilbara district of the Pilbara Goldfield in Western Australia. The Warrawoona Gold Project is situated in the East Pilbara district of the Pilbara Goldfield of Western Australia, approximately 150 kilometers (km) southeast of Port Hedland and approximately 25 km southeast of the town of Marble Bar. It controls the entire Warrawoona Greenstone Belt with a total of approximately 780 square kilometers under its control. The mining leases comprising the Klondyke Prospect lie within the Warrawoona Gold Project, a greenstone belt within the Pilbara Craton. Its Blue Spec Project (Blue Spec or the Project) is located approximately 20 km southeast of Nullagine and approximately 70 km from the Company’s Warrawoona Gold Project. The Blue Spec is a high-grade gold deposit in Australia.

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