ASX-listed Oz Minerals and junior Red Metal have established an exploration alliance to fast-track greenfield discoveries.
The new alliance provides Oz Minerals a two-year option to fund a series of mutually-agreed upon, proof-of-concept work programmes on six of Red Metal’s early stage projects, including the Yarrie copper/gold and the Nullarbord copper/gold and copper/nickel assets in Western Australia, and the Gulf and Three Ways base metals projects in Queensland.