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JOGMEC backs Marindi zinc hunt

JAPAN’S JOGMEC has opened up its wallet once again, agreeing to earn up to 70% of Marindi Metals’ underexplored Caranbirini zinc project, which sits on the same trend as Glencore’s giant McArthur River mine and Teck Resources’ emerging Teena resource.

Haydn Black
The Macarthur Basin is a world-class zinc province.

The Macarthur Basin is a world-class zinc province.

  The two companies have signed a strategic agreement that could see JOGMEC earn a 51% interest in the Northern Territory permit by spending A$2 million over the next two years, and up to 70% by spending...

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