Regis spends millions to add to Duketon stronghold

Gold miner Regis Resources has completed a A$25-million sales agreement with fellow-listed Duketon Mining to acquire a package of tenements around its own Duketon gold project, in Western Australia.

Regis on Monday announced that it would acquire 35 tenements, of which 32 are granted exploration licenses, while three have pending exploration licenses. Regis will also acquire the gold rights on the M38/1252 tenement, of which Duketon would maintain ownership.