Rio Tinto partners with junior to explore Saskatchewan copper project

Diversified mining group Rio Tinto has been granted an option to acquire a majority interest in the Janice Lake copper project, in Canada’s Saskatchewan.

Rio Tinto Exploration Canada (RTEC) has to commit to spending $3-million on exploration at the Janice Lake project over the next year-and-a-half, followed by $10-million in exploration over a four-year period, TSX-V-listed Forum Energy Metals Corp reported last week.