Cassini Resources Ltd (ASX:CZI) managing director Richard Bevan speaks to Proactive Investors about today's news of joint venture partner OZ Minerals Limited (ASX:OZL) earning its 51% stake of the West Musgrave project in Western Australia.
"I think the key thing is that they've actually met their spend commitment about six months earlier than required, and I think what that does show is their commitment to the project, and also a number of results that we're having through this pre-feasibility stage are really giving us and Oz Minerals some confidence about the project moving forward. So it's a really positive outcome and we're really excited about the next six months," says Bevan.
He also provides updates on the 100% owned West Arunta Zinc Project where drilling is happening now.