Fenix Resources LimitedASX: FEX

Farm in to Iron Ore rights adjoining Iron Ridge Project

· Issued by Fenix Resources Limited

Filed with ASX · · 6 pages · English

• Fenix has executed a farm-in and joint venture agreement with Scorpion Minerals Limited to earn a majority interest in 33,954 hectares of tenements adjoining the Company’s flagship Iron Ridge Project. • Fenix may earn 70% of the iron ore rights on the tenements by sole-funding exploration and resource definition drilling to identify up to 10 million tonnes of iron ore. • Alternatively, Fenix may

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