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Teck exercises Reward option

CANADIAN major Teck Resources has exercised its right to earn an additional 19% in Rox Resources’ Reward zinc project in the Northern Territory by spending $A10 million, after spending an initial $5 million to earn 51%.

Kristie Batten
Teck exercises Reward option

The company reached the first stage of expenditure during the current 4500m drilling program at Reward. Two weeks ago, Rox shares soared by as much as 80% when Teck announced a hit of 26.4m at 13.3%...

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