Diversified miner Rio Tinto is expected to spend some A$3.4-million on the Citadel joint venture (JV) project, in Western Australia, during 2019.
Under the terms of a JV agreement with project owner Antipa Minerals, Rio could fund up to A$60-million in exploration expenditure to earn a 75% interest in the multi-metals project, which is some 5km from its own Winu copper/gold/silver discovery and 80km north of gold miner Newcrest’s Telfer operation.