Newcrest signs up for Antipa exploration near Telfer mine

Gold major Newcrest Mining has inked a A$60-million exploration farm-in and joint venture (JV) agreement with explorer Antipa Minerals on a 2 180 km2 portion of ground in the Paterson province of Western Australia.

Antipa’s Wiki project, which is subject to the agreement, surrounds Newcrest’s long-running Telfer gold/copper operation and ore processing facility.

The remote Paterson province is attracting much attention, following global miner Rio Tinto significant copper and gold discovery, named Winu.