EXPLORATION & DEVELOPMENT

Western Areas targets gold

NICKEL developer Western Areas has appointed geologist Sue Thornett to manage a gold exploration campaign after entering into an agreement with Outokumpu to acquire 100% of the gold rights to its Forrestania tenements in Western Australia.

Jesse Riseborough
Western Areas targets gold

Consideration for the gold rights involves an initial payment of $100,000 to Outokumpu and then two alternative payment options. Either exploration expenditure of $400,000 per annum for two years and then...

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