Tungsten stocks in focus. ARU has Tungsten projects as well.Bonya JV
Arafura’s interests at Bonya, located approximately 280 km north-east of Alice Springs, are secured by EL29701 covering about 280 km2.
Exploration and subsequent development rights on EL 29701 are the subject of a joint venture between Arafura (60%) and Thor Mining PLC (Thor; 40% and operator). The initial focus of the joint venture is to explore for and delineate tungsten and copper resources as potential mill feed to Thor’s Molyhil tungsten-molybdenum development, 20 km west of EL 29701.
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