Eastern Metals Expands its Arunta Project in the Northern Territory
- Eastern Metals (EMS) expands its Arunta Project in the Northern Territory after acquiring the Neutral Junction Project from Bowgan Minerals.
- The newly acquired project covers six exploration licences across 504 square kilometres
- EMS has 100 per cent interest in five tenements acquired and a 75.14 per cent joint venture interest in a sixth tenement held by Mithril Resources (MTH)
- EasternMetals and Bowgan Minerals have executed a binding heads of agreement, with an asset sale agreement to follow
- Shares in EMS were trading flat at 20 cents.
