Pepinnini abandons Spinifex Ridge exploration

February 7, 2016

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Explorer Pepinnini Minerals has withdrawn from its option agreement over the Spinifex Ridge project, in Western Australia.

In 2014, the junior company purchased an option agreement from fellow listed Phosphate Australia over two tenements located in the West Musgrave province, spending A$100 000 for the right to explore for a period of 12 months, which was later extended to 18 months.

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