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News: ARX ARC Exploration announces withdrawal from Junee and Oberon projects

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    14/03/16
    10:03
    Post #: 17265673

    March 14 (Reuters) - Arc Exploration Ltd (ARX) :

    • Withdrawal from junee and oberon projects
    • Says arx will focus on the trenggalek project in Indonesia in which it has a majority interest
    • Has notified new south resources ltd that it has exercised its right under farm-in agreements dated 1 July 2014 to withdraw from junee and oberon projects
    • In Australia, arx retains a farm-in agreement on the mount garnet project in Queensland

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