NMR 0.00% 3.4¢ native mineral resources holdings limited

Nov 1 (Reuters) - Native Mineral Resources Holdings Ltd (NMR) :...

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    Nov 1 (Reuters) - Native Mineral Resources Holdings Ltd (NMR) :

    • ENTERS JV EXCLUSIVITY AGREEMENT FOR 2 MINE-READY PROJECT
    • ASHBY HAS GRANTED EXCLUSIVE RIGHT TO UNDERTAKE DUE DILIGENCE INVESTIGATIONS INTO FAR FANNING AND BLACK JACK PROJECTS
    • IF BINDING JV AGREEMENT ENTERED INTO, NMR WILL OBTAIN A 60% INTEREST IN JV
    • JV AGREEMENT IN RELATION TO FAR FANNING & BLACK JACK DEPOSITS NEAR MINE-READY GOLD PROJECTS
    • UPON DELIVERY OF 70,000 TONNES OF >= 0.6G/T AU ORE FROM TWO PROJECTS, CO'S JOINT VENTURE INTEREST WILL INCREASE TO 85%
 
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