Chinese JV on the cards for explorer

摘要

After three months in the chief executive's chair at Quest Minerals Ltd, Paddy Reidy is steering the junior towards a busy field season on its properties in Western Australia and Nigeria. Diamond drilling is already underway at its wholly-owned Victory Bore magnetite iron ore play near Sandstone in the state's Mid West region. The group has recently extended a 120 day exclusive dealing agreement with Chinese coal producer Donghui Group to decide whether to participate in a joint venture or similar arrangement.