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BRIEF-Ausquest says enters strategic alliance with South32

Published 20/02/2017, 11:36 am
© Reuters.  BRIEF-Ausquest says enters strategic alliance with South32
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Feb 20 (Reuters) - Ausquest Ltd AQD.AX

* Ausquest enters into strategic alliance agreement (saa) with South32 to develop a pipeline of high-potential exploration opportunities

* Strategic exploration alliance with south32

* Targeted projects include copper, zinc and nickel projects in Australia and Peru and may include other mineralisation styles and jurisdictions as agreed

* South32 to provide a us$1m interest-free unsecured facility to ausquest

* Under terms of saa, ausquest expects to see a minimum of us$1.5m injected into company Source text for Eikon: ID:nASXbwHQcg Further company coverage: AQD.AX

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