Base metal miner Kagara Ltd has acquired the Maitland copper deposit near its Balcooma operations in Queensland for $6.5 million.

    Kagara said the deposit, with an established indicated and inferred resource, could support a significant underground operation that could supplement production from the Balcooma copper mine.

    Maitland is 50 km from Balcooma and within trucking distance of either the Thalanga or Mt Garnet copper treatment plants, Kagara said.

    The company acquired the deposit from Glengarry Resources Ltd.