ActivEx Finalised its Farm-in and Joint Venture Agreement with Rockland Resources

  • Oct 18, 2019 AEDT
  • Team Kalkine

ActivEx Limited (ASX: AIV) has announced that it has finalised a Farm-In and Joint Venture Agreement with an unlisted company, Rockland Resources Pty Ltd over ActivEx’s 100% owned Pentland gold tenement.

  • The tenement is in North-East Queensland approximately 100km west of Charles Towers;
  • The tenement is in the highly mineralised Cape River Province.

Under the JV, Rockland can earn up to 90% interest in the tenement by spending $167,647 over 3.5 years.

At AEST 1:14PM, the stock was trading at $0.180 per share, no change from previous close.

 

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