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BRIEF-Antipa Minerals Ltd announces joint venture with Rio Tinto

Published 09/10/2015, 07:37 pm
Updated 09/10/2015, 07:39 pm
© Reuters.  BRIEF-Antipa Minerals Ltd announces joint venture with Rio Tinto
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Oct 9 (Reuters) - Antipa Minerals Ltd:

* Antipa minerals ltd - Rio Tinto (LONDON:RIO) - Antipa joint venture AZY.AX

* Antipa minerals ltd - Rio Tinto can fund up to $60 million exploration expenditure to earn up to a 75% interest in Antipa's citadel project

* Antipa minerals - Rio Tinto agreed to sole fund $3 million in exploration expenditure on Citadel Project tenements within 18 months of the execution of the agreement

* Antipa minerals ltd - on 9 October, 2015 the company's unit, Antipa Resources Pty Ltd entered into a farm-in agreement with Rio Tinto

* Antipa minerals-upon Rio Tinto earning 51% interest in citadel project parties will become parties to joint venture agreement in terms already agreed

* Source text for Eikon ID:nASX5ZMsdm

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