A joint venture agreement has been entered into by Sikaman Gold Resources (TSE) and Centenary International Mining of Australia to develop a base metal property in northwest Australia.
Sikaman may earn a 47.5% interest in the project by spending $1 million(A) on exploration work by July, 1990. Centenary will act as operator.
A percussion and diamond drill program is set to begin in July to test an anomaly over the southern portion of the mining lease. Previous drilling on the property has uncovered copper, lead, zinc and silver mineralization.
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