Encounter-Newcrest alliance expands central Australian holdings

NEWECREST Mining made a splash this week with a “measured” entry into the Red Chris copper-gold mine in Canada, and today it has indicated that it really likes what it sees with the early stage exploration efforts it had made in Western Australia’s Tanami and Arunta regions with minnow Encounter Resources.

Encounter-Newcrest alliance expands central Australian holdings Encounter-Newcrest alliance expands central Australian holdings Encounter-Newcrest alliance expands central Australian holdings Encounter-Newcrest alliance expands central Australian holdings Encounter-Newcrest alliance expands central Australian holdings

Encounter is not shy in looking for big targets.

The total exploration alliance area covered by the pair's joint ventures has expanded by more than 30% to over 5900sq.km with the addition of a 300sq.km parcel extending the Selby JV and 1100sq.

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