The explorer, which is primarily active in South Australia and Queensland, announced this morning it had inked an option for a potential A$5 million farm-in deal with the Rhod Grivas-chaired Andromeda to "reinvigorate" of the Rover copper-gold project in the Tennant Creek district.
The staged farm-in will take place over six years and could see Minotaur earn up to 75% equity, and it will bring a new approach from previous exploration strategies with emphasis on a range of geophysical methodologies.
Minotaur's first on-ground exploration at Rover will commence next week with a trial electromagnetic survey to be undertaken to determine if the technique has application in the Rover field.
The ...
