Dioro looks beyond Frog's Leg deposit

摘要

Late last month, Dioro Exploration NL entered into a two stage farm-in agreement with CJD Holdings Pty Ltd to acquire an 80 percent interest in the Ottrey project in Western Australia. This is an unexplored, newly granted tenement adjacent to the Sunrise gold mine, and Red October and Fortitude deposits in the southern portion of the Laverton tectonic zone. Dioro can earn an initial 51 percent stake by paying 20,000 dollars and spending 150,000 dollars on the tenement and can then earn an additional 29 percent by spending a further 500,000 dollars.