Currently viewing Global edition

Sandfire formalises big Red Mountain earn-in

A formal A$30 million (US$21 million) earn-in agreement has been signed by Sandfire Resources, positioning the cashed-up copper-gold producer to farm-in to White Rock Minerals’ Red Mountain project in Alaska, and finalising an option agreement that has been on the boil for several months.

Sandfire formalises big Red Mountain earn-in Sandfire formalises big Red Mountain earn-in Sandfire formalises big Red Mountain earn-in Sandfire formalises big Red Mountain earn-in Sandfire formalises big Red Mountain earn-in

Red Mountain should contain additional VMS targets.

Red Mountain contains the Dry Creek and West Tundra deposits, and the newly discovered Hunter prospect, and will be the focus for a $20 million, four-year exploration effort aimed at assessing the

topics

loader