Evolution Mining enters JV with Enterprise Metals

Company News

by Rachael Jones

Evolution Mining (ASX:EVN) has entered into an earn-in joint venture agreement with Enterprise Metals (ASX:ENT) over the Murchison exploration project.

Murchison is a large, early-stage gold exploration project covering the Murchison region of central Western Australia.

It's prospective for Archaean greenstone gold deposits and encompasses poorly tested continuations of the Big Bell and Cuddingwarra Shear Zones which host multimillion ounce gold deposits.

Evolution will operate the project during the earn-in period completion of the transaction remains subject to standard regulatory conditions.

Shares in Evolution Mining (ASX:EVN) trading 0.96 per cent lower at $3.63. 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.