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MSN News: Mineral Sands Enters JV with Olympia Resources (MSN.AX, 00742187, 20070726) (Aspect Huntley via Yahoo!7 Finance)

Mineral Sands and Olympia Resources announced a joint venture farm-in for the exploration licenses EL 69/2090, 69/2091 and 69/2092 in the Eucla Basin, adjacent to the Mineral Sands Pioneer project area. Mineral Sands will earn 80% of the licence's through meeting the expenditure commitments over 2 years, by spending approximately $360,000 on exploration of the tenements.

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