EXPLORATION & DEVELOPMENT

Entree serves up iron ore

CANADIAN company Entree Gold Inc has struck an equity deal valued at up to $A25 million with private Australian group Bonython Metals Group, covering the iron ore rights over its Blue Rose joint venture property in South Australia.

MiningNews.Net
Entree serves up iron ore

Bonython has agreed to purchase 100% of the iron ore rights on the exploration project in exchange for 6% of the Australian group’s future issued capital. It has until September 25, 2012 to list, but...

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