CHARTERIS CREEK PROJECT – Pilbara region, Western Australia FMG Resources Pty Ltd earning interests up to 80%
In January 2014 FMG Resources Pty Ltd (“FMGR”), a wholly-owned subsidiary of Fortescue Metals Group Ltd, entered into a Farm In and Joint Venture Agreement with the Company worth up to $1M in expenditure over Exploration Licence 45/2763.
I may have misread it, but looks like the sale of a separate tenement not related to FMG and the announcement is only relevant because they also discuss the JV over Charteris Creek.
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