Rio Tinto Commits A$48M to Unlock Copper-Gold Potential at LCL’s Ono Project

• Rio Tinto to fund up to A$48 million in exploration at Ono Project
• Initial 51% interest earned by A$8 million expenditure and 4,000m drilling
• Further 29% interest possible by spending A$40 million or defining a major mineral resource
• Staged cash payments up to A$1.5 million to LCL linked to project milestones