New strategic alliance with First Quantum over West Africa

In March 2010, Newgenco Exploration (West Africa) Pty Ltd (‘NEWA’) signed a 2-year strategic exploration targeting alliance with TSX- and LME-listed First Quantum Minerals to explore for large magmatic nickel-copper-platinum group element  (Ni-Cu-PGE) sulphide resources across a number of countries in West Africa.

First Quantum is one of the world’s fastest growing copper producing companies with a developing commitment to nickel production through its 100% ownership of the Kevitsa Ni-Cu-PGE deposit in northern Finland and the Ravensthorpe Ni-Co laterite operation in Western Australia.

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