09.06.15 - 04:54 Uhr

Fortbridge Media Release

Minotaur Exploration [MEP] - Leinster nickel Joint Venture Terminated

Minotaur Exploration advises that it has terminated the Leinster Nickel Joint Venture (JV) as a consequence of payment default by its JV partner.

Golden Fields Resources Pty Ltd (GFR) had earned 15% beneficial interest in the JV, termination of which means that 100% project ownership reverts to Minotaur.

Minotaur recently flagged its intention to divest the Leinster tenement package, covering 285km2, just south of Leinster in Western Australia. The tenements are highly prospective for nickel and gold mineralisation and offer numerous drill-ready targets in a region renowned for its discovery and production history. Termination
of the JV simplifies any sale arrangement to eventuate from a marketing process that is now underway.

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