Red Hill Iron Limited (AU:RHI) has released an update.
Red Hill Iron Limited has announced a $6.5 million farm-in deal to explore the Curnamona Project in NSW and SA, with potential for significant Zinc-Lead-Silver and Copper/Gold deposits. The agreement, involving a 75% interest earn-in over five years, will lead to a Joint Venture with Red Hill managing the project. The exploration aims to capitalize on the highly prospective land within the Broken Hill region and a known copper target in Anabama, alongside Red Hill’s ongoing projects.
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