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White Rock welcomes Sandfire to Red Mountain

Cash-harvesting copper miner Sandfire Resources (ASX: SFR) has added another potential asset to its portfolio by investing little more than loose change for a 14% stake in Alaska-focused high-grade zinc explorer White Rock Minerals (ASX: WRM).

White Rock welcomes Sandfire to Red Mountain White Rock welcomes Sandfire to Red Mountain White Rock welcomes Sandfire to Red Mountain White Rock welcomes Sandfire to Red Mountain White Rock welcomes Sandfire to Red Mountain

Red Mountain in Alaska

Sandfire is putting in A$2.5 million for the stake in the ASX-listed junior, after which it has an option expiring by the end of the year to form a joint venture that could see it initially earn...