Hampton Hill signs JV with Encounter

ASX-listed junior Hampton Hill Mining has signed an earn-in and joint venture (JV) agreement with fellow-listed Encounter Resources under which it would secure a 25% shareholding in the Millennium zinc project, in Western Australia. Hampton could earn a 10% interest in the Millennium project by spending A$500 000 on exploration, and up to a 25% interest by spending A$2-million of the next A$3-million spent on exploration.