EXPLORATION & DEVELOPMENT

Barrick farms into Pajingo South

BARRICK Gold could take up to a 60% stake in Lach Drummond Resources’ Pajingo South gold project in northeastern Queensland after agreeing to spend $1 million on exploration over the next three years.

Sarah Belfield Belfield

Barrick farms into Pajingo South

Following that, Lach Drummond may elect to make pro-rata contributions to exploration costs or may allow Barrick to earn a further 20% equity by paying an additional $1 million in the fourth year. Barrick...

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