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IGO Exits Fraser Range JV: What’s Next for Carawine’s Nickel Prospect?

8:40am on Friday 11th of July, 2025 AEST Mining
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IGO Exits Fraser Range JV: What’s Next for Carawine’s Nickel Prospect?

8:40am on Friday 11th of July, 2025 AEST
Key Points
  • IGO to withdraw from Fraser Range Joint Venture, relinquishing last tenement
  • Carawine can acquire IGO’s 76% interest in Big Bullocks tenement for $1 or surrender it
  • Extensive prior exploration deemed insufficient to warrant further work by JV
  • Carawine to reassess tenement’s prospectivity before deciding next steps
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