CAPITAL MARKETS

Mount Magnet South in JV deal with Hong Kong miner

GOLD junior Mount Magnet South has achieved its goal of attracting a joint venture partner, with the company signing a heads of agreement with a Hong Kong-based company over the Kirkalocka project in Western Australia.

Kristie Batten
Mount Magnet South in JV deal with Hong Kong miner

The cash-strapped explorer has been focusing on attracting a JV partner at the project since the start of the year. Under the deal, Tianda Resources will spend $A500,000 to earn an initial 20% interest...

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