CAPITAL MARKETS

Toro, Rum Jungle team up

RUM Jungle Resources has signed a binding agreement with Toro Energy to farm-in to the Lake Mackay project on the Northern Territory-Western Australian border to explore for potash and related evaporate minerals.

Hannah Vickers
Toro, Rum Jungle team up

The agreement covers the lake surface within four primarily uranium-prospective exploration licenses covering 420sq.km. Previous shallow drilling has confirmed the presence of brine in the lake subsurface,...

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