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Metal X's Nifty potentially rebooted while IGO takes charge of exploration

METALS X is considering rebooting the SX-EW plant at Nifty for an open cut mine and has farmed out exploration ground in the Paterson Province to IGO in a deal that will see the cashed-up, diversified miner able to earn a 70% stake by spending A$32 million over 6.5 years.

Michael Quinn
Metals X's Nifty copper mine in WA

Metals X's Nifty copper mine in WA

Upon earning the 70% the joint venture "will form", with IGO to free-carry Metals X to completion of a prefeasibility study on any discovery.  The joint venture covers nearly 2400sq.km of ground...

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