ASX-listed Prodigy Gold has signed an operator agreement over its Old Pirate gold project, in the Northern Territory, and an option agreement over the Buccaneer project, in the same region.
Under a ten-year operator agreement, unlisted TRL Tanami will pay Prodigy an initial $200 000 plus a pro-rata tenement cost within 14 days of the agreement, and an additional A$301 412 within its appointment as operator.