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Newcrest to carry Encounter costs

NEWCREST Mining will sole fund all of the 2019 exploration programs under its exploration alliance in the Tanami and West Arunta provinces after junior Encounter Resources used provisions under the deal to get its larger, cashed up partner to pay for over 14,000 metres of RC and diamond drilling.

Haydn Black
Newcrest and Encounter will chase big targets in WA's outback.

Newcrest and Encounter will chase big targets in WA's outback.

    Under the terms of the deal, Newcrest will progressively move from 50% to 80% by covering costs.   The frontier exploration program for tier one gold discoveries in Western Australia is evolving...

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