Cassini Resources Limited announced that it has acquired the exclusive rights to all of Traka Resources Limited's West Musgrave tenement package. The tenements will become part of the West Musgrave Joint Venture Project (WMP) with OZ Minerals Limited in Western Australia. The JV partners are in the final stages of a Pre-feasibility Study (PFS) on the Nebo-Babel deposits in conjunction with a regional exploration program across the WMP. The package includes two granted exploration licences located adjacent to the Succoth Deposit and are strategically important for future exploration and development. An additional three exploration licence applications are considered prospective for magmatic nickel and copper sulphide mineralisation similar to the Nebo-Babel and Succoth deposits. The acquisition complements the recent expansion of the WMP and now takes the WMP portfolio to over 9,500 km2. Cassini subsidiary Wirraway Metals and Mining Pty Ltd. will acquire access and exclusive rights to minerals on Exploration Licences 69/3156 & 69/3157 and Exploration Licence Applications 69/2749, 69/3490 & 69/3569. Transfer of the Tenements is subject to the receipt of all regulatory approvals. Consideration for the sale is $250,000. Traka will retain a 2% Net Smelter Royalty over the tenement areas.