July 21 (Reuters) - Terramin Australia Ltd TZN.AX :
* Termination of menninnie dam joint venture TZN.AX
* Says Terramin will retain 100% of the menninnie dam project (project) with Musgrave relinquishing its farm-in rights
* Entered into an agreement with Musgrave Minerals for the termination of the menninnie dam mining farm-in and joint venture agreement
* Says Terramin has agreed to pay Musgrave a net smelter royalty (nsr) of 1.0%in respect of tenements el 5039 and el 4813
* Currently developing an exploration strategy for project which it will announce to market in due course
* Source text for Eikon ID:nASX9vdTnD