Antipa Minerals Ltd (ASX:AZY) and joint venture (JV) partner Rio Tinto Exploration have agreed to reduce this year’s budgeted exploration spend for the Citadel Gold-Copper-Silver Project in Western Australia’s Paterson Province.
Before today, both parties had set aside $10 million in the budget for the multi-element camp, which would also cover JV management fees.
Western Tethyan Resources (WTR), which is 75%-owned by Ariana Resources PLC (AIM:AAU), has been granted a further exploration license in Kosovo.
WTR has three other license applications in Kosovo awaiting final approval from the Independent Commission for Mines and Minerals.
Power Metal Resources PLC (AIM:POW)has acquired three additional uranium properties surrounding the Athabasca Basin in northern Saskatchewan, Canada. The cost is C$137,500 (£88,872) payable as C$25,000 (£16,158) cash and CAD$112,500 in shares at an issue price of 1.275p.