“Rio Tinto will retain its option to earn up to a 75% interest...

“Rio Tinto will retain its option to earn up to a 75% interest in relation to the Majdanpek Westand Majdanpek Pojas licenses by staged expenditure of US31.5M”

”Majdanpek West exploration licenses are adjacent to the operating Majdanpek porphyry mine and the dormant epithermal Coka Marin deposit, both of which are operated by RTB Bor (37% Serbian State and 63% Zijin Mining Group). The Majdanpek West license is also located immediately to the north of Dundee Precious Minerals Timok gold project, which has a 43-101 compliant 2.07MOz2 resource defined.”