Hmmm....very interesting development...watch this space!
New Talisman (NTL) has acquired 100% of Newcrest New Zealand Exploration Pty Ltd, a subsidiary of Newcrest Mining Limited (Newcrest) that held 80% of the highly prospective Rahu Project with 20% held by NTL. NTL has entered into a sale and purchase agreement with Newcrest which supersedes the previous agreements with Newcrest. NTL is evaluating options to fast track the exploration project having acquired all geological and site targeting data and logging.
LNY own two large Exploration Permits (Waitekauri EP 53469 and Owharoa EP 54216) covering an area of 86km2, within the highly prospective Hauraki Goldfield.
Rahu is the donut hole in the middle of Laneway's EP 54216.
Hmmm....very interesting development...watch this space! New...
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