M&A

Rio deals into Alderan project

RIO Tinto's Kennecott Exploration Company has signed a farm-in agreement that could see it splurge US$30 million on exploration at Alderan Resources' flagship Frisco project in Utah.

 Frisco comprises 600 claims.

Frisco comprises 600 claims.

The Perth-based Alderan said Kennecott's interest in the area was a validation of the junior's work in putting together a consolidated tenement package over the entire Frisco Complex, an area with a century...

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