Fortescue Forms Partnership To Explore Paterson Project

Exploration company Carawine Resources has entered into a farm-in and joint venture agreement with Fortescue Metals Group in Western Australia.

Under the agreement, Fortescue subsidiary FMG Resources will explore Carawine’s Lamil Hills, Trotman South and Sunday tenements, which are part of the Paterson project at the eastern edge of the Pilbara Craton.

Carawine managing director David Boyd said the Fortescue agreement represented a great opportunity for the company to explore the Paterson project’s significant potential.