Regis looks for gold on Duketon land

ASX-listed gold miner Regis Resources has signed a letter of agreement with fellow-listed Duketon Mining to hunt for gold on four of Duketon’s exploration licenses which were in close proximity to Regis’ Moolart Well project. The proposed joint venture (JV) would cover some 373 km2, and hosts a number of greenstone shear zones prospective for gold. Under the JV agreement, Regis would spend a minimum of A$1-million on exploration over a two-year period, to earn a 75% interest in any mining project developed on the tenements.