Newcrest Mining has reported additional high-grade results from the Havieron gold exploration project 45 kilometers (km) east of the company's Telfer gold mine in Western Australia. The project is operated by Newcrest under a farm-in agreement with Greatland Gold. The project is centered on a deep magnetic anomaly overlain by more than 420 meters (m) of post-mineral cover. Newcrest can earn up to a 70 joint-venture interest in the project through total exploration expenditures of $65 million over a six-year period.
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