Butcher Well JV
The Butcher Well Joint Venture is currently an exploration JV between Saracen Mineral Holdings Pty Ltd (SAR) and AngloGold Ashanti Australia (AGA). The current JV equity is SAR 30% : AGA 70%. The JV encompasses two tenement packages, Butcher Well and Lake Carey covering approximately 34sqkm.
AngloGold currently manage the JV and are actively exploring the key prospective areas across the tenure.