PRECIOUS METALS

Auris picks up 1Moz New Zealand gold project

Australian junior Auris Minerals has signed a A$23.2 million deal with Sandfire Resources to acquire Sandfire’s non-core Sams Creek gold project in New Zealand.

Drilling at Sams Creek in New Zealand

Drilling at Sams Creek in New Zealand

Sandfire picked up the 1 million ounce project late last year via its acquisition of MOD Resources. Auris will issue Sandfire 102.5 million shares worth $8.2 million, and 32.15 million 8c options, exercisable...

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