Uranium play boosts Heritage

NEW Zealand-based Heritage Gold NZ has signed a heads of agreement to enter a uranium joint venture in the Northern Territory, sending its stocks to an intraday high of 5.4c, up 29% or 1.2c.

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The terms of the JV will see Heritage pay $10,000 to its unnamed potential JV partner within the 30-day due diligence period, and then the junior explorer will be able to earn up to 50% interest in

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