Dec 15 (Reuters) - Strandline Resources Ltd STA.AX :
* Sale of mt gunson copper project STA.AX
* Entered into binding arrangements to sell investor enquiries its 100% interest in the mt gunson copper project
* Transaction delivers to Strandline o cash consideration of up to $1.2 million
* Will use consideration from sale to fund ongoing exploration and development activities in tanzania
* Source text for Eikon ID:nASXbHt2PW