By Christian Moess LaursenGreatland Gold said Tuesday that it has entered a farm-in and joint-venture agreement with Rio Tinto Exploration to accelerate exploration across a tenure near Greatland's Havieron gold-copper project. Initial minimum commitment is 1.1 million Australian dollars ($719,180) as well as 2,000 meters of drilling before 2024 year-end. Greatland is entitled to earn up to a 75% joint-venture interest in the project tenements under the farm-in arrangement. Drilling will begin during 2023, the company said. Write to Christian Moess Laursen at christian.moess@wsj.com

Source: Wall Street Journal May 30, 2023 08:32 UTC