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Pit n Portal to share in mine profits

EXTERRA Resources has signed a profit sharing agreement that will give Pit n Portal Group a hefty slice of mine profits. In return, the mining services provider will have to pay for drilling and development costs.

Andrew Duffy
Pit n Portal is to get a share of the profits from Exterra's Second Fortune gold mine.

Pit n Portal is to get a share of the profits from Exterra's Second Fortune gold mine.

Under the option agreement Pit n Portal will pay for 50% of a drilling campaign at the Second Fortune gold mine in Western Australia. The drilling will aim to define the West Lode and infill the Main...

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