Producer Kennecott, a unit of RTZ (NYSE), is proceeding with a second phase of work at the Tintic venture in western Utah.
The company paid US$50,000 cash to Centurion Mines (NASDAQ) as part of its second-phase obligations and can earn a 70% interest by paying all costs through to a positive feasibility study.
Exploration is focused on large, bulk-minable, copper-gold deposits in the southern portion of the property.
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