Mungana Goldmines announced that Newcrest Mining has commenced exploration work as part of the exploration agreement at Mungana's Chillagoe Project in North Queensland. Under the agreement, Newcrest will spend up to $20 million on exploration over a period of up to eight years, focussing on exploring for large gold-copper porphyry deposits at Chillagoe. Newcrest's exploration program will proceed in parallel with
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