Sandfire Resources (ASX:SFR) has withdrawn from the Doolgunna Farm In Agreement which was signed with Enterprise Metals (ASX:ENT) in 2016.
Enterprise says Sandfire has confirmed it?s prepared to work cooperatively with them and provide all reasonable assistance to assist with an orderly transition.
Enterprise says it will resume full control of the Doolgunna project, given Sandfire is progressively winding down its nearby DeGrussa operations and looking to divest its tenement position in the district.
Enterprise says it now has a free hand to take Doolgunna forward and is considering options for progression.