Sandfire and Ventnor partner up

SANDFIRE Resources has announced a $A9 million deal that will help its Doolgunna neighbour Ventnor Resources get into production.

Sandfire and Ventnor partner up Sandfire and Ventnor partner up Sandfire and Ventnor partner up Sandfire and Ventnor partner up Sandfire and Ventnor partner up

Under the deal Sandfire will pay $3 million up front to earn a 35% stake in Ventnor’s Thaduna/Green Dragon.

Sandfire can then earn a further 45% in the project in two stages over the next four years.

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