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Rincon Resources Secures $1.1 Million Joint Venture on West Arunta Project
8:24am on Wednesday 1st of July, 2026 AEST
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Mining
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Rincon Resources Secures $1.1 Million Joint Venture on West Arunta Project
8:24am on Wednesday 1st of July, 2026 AEST
Key Points
90% West Arunta stake sold to Maverick Minerals
Rincon retains 10% free-carried interest until mining decision
Deal includes $600,000 upfront and $500,000 deferred payments
Share issuance subject to Maverick shareholder approval
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