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Rio takes a shine to Carawine's Paterson ground

RIO Tinto has picked up more Paterson Province ground for its exploration team to assess after doing a joint venture deal with junior Carawine Resources covering tenure about 75km west and south of Rio's Winu discovery.

Michael Quinn
Carawine is leaving some of its ground in the Paterson Province of WA for Rio to explore

Carawine is leaving some of its ground in the Paterson Province of WA for Rio to explore

Rio can earn up to 80%, with the first 70% contingent on undertaking 3000m of diamond core or RC drilling and exploration of A$5.5 million. That includes $1 million in expenditure and 2000m of drilling...

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