- Published: Monday, 07 December 2015 15:13
- Written by E&MJ News
Rio Tinto Mining and Exploration has entered into an earn-in and joint venture agreement with Reservoir Minerals covering Reservoir’s Tilva project in the Timok magmatic complex, Serbia. Reservoir’s recent Cukaru Peki discovery has demonstrated the project’s excellent exploration potential for large-scale copper-gold deposits. Rio Tinto has the option to earn up to a 75% interest in stages by sole funding project expenditures of up to $75 million.