Fenix Resources Ltd's (ASX:FEX) Rob Brierley speaks to Proactive's Andrew Scott following the news they've entered into a binding term sheet for a farm-in and joint venture agreement with Scorpion Minerals Ltd (ASX:SCN) for two tenements E20/953 and E20/948, totalling 384 square kilometres, adjacent and contiguous to Fenix’s recently commissioned Iron Ridge Project. It provides for Fenix to undertake exploration activities for iron ore, whilst leaving Scorpion to focus on its gold and PGE nickel-copper targets within the tenements.
Fenix Resources says deal with Scorpion Minerals broadens its footprint
