Reunion Mining, 48%-owned by Caledonia Mining (TSE), has reached an agreement whereby Blue Falcon Mines may earn up to a 75% interest in a property in central Zimbabwe.
The Magondi property covers a 400-sq-km aeromagnetic anomaly, the source of which is believed to be a 1,000-metre-deep ultramafic complex with potential for nickel, copper and platinum group metals.
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