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Neo Resources Limited has entered into a joint venture agreement with Oroya Mining Limited (Oroya) pursuant to which it has the right to earn up to a 70% interest in the Wiagdon Thrust gold project in New South Wales by spending $1,500,000 on the project within two years of the commencement of the joint venture. Neo Resources Limited is currently seeking to raise sufficient funds to finance the initial geological review and to commence the first stage of the exploration and evaluation programme at the Wiagdon Thrust gold project. |
| Last Updated on Thursday, 22 July 2010 13:00 |