Sandfire formalises $6M Red Mountain earn-in

A FORMAL A$30 million earn-in agreement has been formally signed by Sandfire Resources, positioning the cashed-up copper-gold producer to farm-in to White Rock Minerals’ Red Mountain project in Alaska, finalising an option agreement that has been on the boil for several months.

Red Mountain contains the Dry Creek and West Tundra deposits and the newly discovered Hunter prospect, and will be the focus for a $20 million, four-year exploration effort aimed at assessing the

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