Geophysical surveying has identified two new targets at the White Cliff Nickel (ASX: WCN) White Cliff nickel project joint venture.
To fund further exploration, a A$700,000 funding injection has been supplied by joint venture partners Daewoo International Limited and Korea Resources.
Korea Resources, a subsidiary of the Korean Government, can earn up to 50% of the project by spending A$5 million.
The project is located 70 kilometres south-east of Laverton in Western Australia.