RocketDNA has terminated its contract with Keras (Pilbara) Gold, a subsidiary of Calidus Resources (ASX:CAI), following the appointment of Richard Tucker and John Bumbak of KordaMentha as receivers and managers to Calidus Resources.
RocketDNA entered the contract with Keras (Pilbara) Gold on March 26, aiming to provide daily surveys and imagery using its autonomous xBot solution for the Warrawoona Gold Project, which commenced operations in June.
The decision to terminate the contract comes after RocketDNA learned through media reports that the Warrawoona Gold Project had been placed into care and maintenance by KordaMentha.