
Monday, 3 February 2025
IGO, Encounter Resources enter copper JV
IGO (ASX: IGO) has entered a joint venture (JV) with Encounter Resources (ASX: ENR), following the sole funding of $15m of exploration expenditure on the company’s Yeneena project in WA. The exploration expenditure earned IGO a 70% interest in Yeneena. Yeneena comprises a major land position in the highly prospective Paterson Province in northern WA, targeting copper-cobalt mineralization. The project is located 60km south-west of the major gold-copper mine at Telfer, owned by Greatland Gold — which the company recently acquired from Newmont Mining (ASX: NEM) — and south of the Nifty copper mine, owned by Cyprium Metals (ASX: CYP) in commercial strategic partnership with Glencore. The Paterson Province also contains multiple large-scale copper-gold deposits such as Greatland Gold’s Havieron…












































