Woolgar joint venture expands territory

New prospecting permits have expanded the area of interest of the Woolgar joint venture in the Northwest Territories to 300,000 acres, Rhonda Mining (ASE) reports.

Rhonda’s partner in the copper venture is Noranda Exploration. Rhonda may earn a 50% interest in the property by spending $300,000 on exploration work during a 3-year period. Rhonda funded a reconnaissance program last year.