Comet Resources.- Santa Teresa Gold Project Update

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Comet Resources Limited (Comet or the Company) (ASX:CRL) is pleased to provide an update on progress at the Santa Teresa Gold Project (the “Project”) in Baja California, Mexico. A comprehensive mapping campaign of historical drill collars, shafts and artisanal workings has been conducted over the Project area by consultant geologists Minera Cascabel. The mapping process identified numerous narrow vein structures at surface, which are in addition to the known vein structures targeted in the 2008 drilling campaign.

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