07
Jul
08:18
IGO acquires 70% interest in Matsa’s Fraser Range tenements
Australian miner Matsa Resources (Matsa) has entered into an agreement with IGO Newsearch (IGO), whereby IGO will acquire a 70% interest in the copper/nickel Symons Hill project as well as Matsa’s other Fraser Range tenements in Western Australia, Kallanish notes.
Under the terms of this agreement, IGO will pay AUD 600,000 ($408,681) in cash and then free carry Matsa for all exploration to completion of feasibility studies or decision to mine, whichever occu…
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