Common Contracts

Inflection Resources and AngloGold Ashanti Sign Definitive Exploration Agreement Across Portfolio of Copper-Gold Projects in Australia

Farm-in Agreement • June 13th, 2023

• Contract Type
  Farm-in Agreement
• Filed
  June 13th, 2023

• AngloGold shall fund up to AUD$10,000,000 on exploration expenditures across the portfolio of projects as part of a Phase I exploration program. Phase I will drill test a wide range of large intrusive-related, copper-gold targets including the Duck Creek project. Phase I includes a minimum expenditure commitment of AUD$6,000,000 and a 10% management fee payable to Inflection;