Auric Mining Ltd (ASX:AWJ)'s Mark English speaks to an exclusive option agreement that will see the company acquire all mineral rights for Chalice West Project in the Widgiemooltha/Norseman region of Western Australia. Essentially, Auric has acquired the right to purchase all of the shares in Mineral Business – a company controlled by well-known local geologist John Williams – and thus the tenement through a staged series of payments and exploration commitments over three years. Ultimately, English says the acquisition marks an exciting addition to the explorer's footprint in Widgiemooltha.
Auric Mining moves to expand Widgiemooltha footprint with new option agreement
