Junior tin developer Elementos and fellow-listed Chinalco Yunnan Copper Resources have dissolved their Millennium joint venture (JV), in Queensland, with the parties selling their interest in five mining leases to ASX-listed Hammer Metals.
Elementos and Chinalco in 2013 entered into the JV agreement to explore for copper, cobalt and gold at the Millennium project area, under which Chinalco had the right to earn a 51% interest in the project area by spending A$1.2-million.
