Agreement has been reached with Hibernia Gold Pty Ltd to enter a joint venture on the Windera gold project where Hibernia may earn 51% by expenditure of $40,000 conducting a work program to test for gold mineralisation at depth within the anomalous area defined by Exco's previous drilling.
Previous work by Exco reported up to 2 g/t gold over 1.84m within wider zones of up to 6-8m @ 0.5 to 0.7 g/t gold. |