Newcrest firms up Alice Queen plans

April 10, 2017

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Gold miner Newcrest has firmed-up plans to hunt for gold in New South Wales, replacing a previous heads of agreement with ASX-listed Alice Queen, with a formal option and farm-in agreement.

Subject to conditions, Newcrest will have the option to obtain the right to an interest in the Mendooran project tenements by spending some A$2-million on exploration within the first two years of the agreement.

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