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OZ Minerals, Mithril to explore for nickel/copper in S Australia

OZ Minerals has entered a heads of agreement with Mithril Resources to explore seven new nickel/copper licence areas in South Australia. Mithril will undertake a target generation exercise in the Coompana block of the far west of South Australia, with a view of identifying potential drill targets on the relevant tenements. OZ Minerals will then invest $250 000 as part of the stage one targeting.