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RNI buys Westgold project

ASX-listed RNI has acquired the Chunderloo mining tenements from fellow-listed Westgold Resources, which forms part of its Central Murchison gold project, in Western Australia.

RNI will issue five-million shares in exchange for the Chunderloo project, while Westgold will also release RNI from a right of first refusal held by the company over some tenements held by RNI.