With nine years of Chinese exploration experience under its belt, Southwestern Resources (SWG-T, SWGGF-O) has agreed to be the initial operator of a newly formed joint venture with Into (N-T, N-N) to explore for nickel, copper, and platinum group elements (PGEs) in Yunnan and Sichuan provinces, in China. Inco, which has also been active in China for many years, and Southwestern will each contribute technical data relating to the area of interest to obtain a 50 percent participating interest in the joint venture. Funding will be on a pro rata basis. The area of interest covers about 130,000 sq. km of ground surrounding Southwestern's Boka gold project in Yunnan province. A prefeasi-bility study under way at the advanced project will include new resource and reserve estimates, and engineering and environmental studies related to potential mine development.
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