The miner will shortly commence drilling on the Harris Reward prospect area as part of the farm-in arrangements. It has committed to a minimum expenditure of $125,000 with a right to earn an 80% interest in the tenement for an expenditure of $700,000.
“Both tenements are located within the Mount Read Volcanics belt, which is regarded as one of the richest volcanic-hosted massive sulphide provinces in the world yet has received comparatively limited exploration by modern methods,” the company said.