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    DGAP-News  768  0 Kommentare Deutsche Rohstoff AG: Hammer Metals and Newmont Mining sign Farmin Joint Venture Agreement on Mount Isa Project - Seite 2


    of the project. In case that Hammer does not participate Newmont will
    cover all cost until the production start of a potential mine and in
    exchange will receive 80% of the Joint Venture. Hammer will be obliged
    to repay those costs carried by Newmont and associated interest out of
    the cash flow from production.

    - The already defined resources "Overlander South" and "Overlander North"
    are excluded from the Joint Venture. Newmont has received a right of
    first refusal for these properties after Phase I.

    - Over all Phases Newmont will make technical resources as well as
    geological expertise available to the Joint Venture.

    Alex Hewlett, CEO of Hammer Metals, said: "We have been working on this
    deal for quite some time and the opportunities it brings are obvious to us.
    Newmont's contribution gives our exploration budget a major boost. It
    allows Hammer to accelerate exploration activities for both, the JV
    tenements as well as the areas that fully remain under Hammer's control.
    The large size of the mineralizing systems and evidence of the target
    mineralization provides strong encouragement for the discovery of a major
    deposit."

    Jörg Reichert, CTO of Deutsche Rohstoff comments: "We are pleased to see
    Hammer forming a Joint Venture with Newmont. There are not many exploration
    companies in the current market that manage to attract money and long term
    commitments from major mining companies. It is a testimony for the
    prospectivity of Hammer Metal's tenements, which has been the reason for
    Deutsche Rohstoff to become a major shareholder of the company a year ago."

    Further details of the original Hammer metals press release can be found
    under www.hammermetals.com.au.

    Heidelberg, 15 December 2015

    Deutsche Rohstoff identifies, develops and divests attractive resource
    projects in North America, Australia and Europe. The focus is on the
    development of oil and gas opportunities within the United States. Metals,
    such as gold, copper, rare earth elements, tungsten and tin complete our
    portfolio. For more information please visit www.rohstoff.de.

    Contact:

    Deutsche Rohstoff AG
    Thomas Gutschlag
    Tel. +49 6221 871 000
    info@rohstoff.de


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    15.12.2015 Dissemination of a Corporate News, transmitted by DGAP - a
    service of EQS Group AG.
    The issuer is solely responsible for the content of this announcement.

    The DGAP Distribution Services include Regulatory Announcements,
    Financial/Corporate News and Press Releases.
    Media archive at www.dgap-medientreff.de and www.dgap.de

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    Language: English
    Company: Deutsche Rohstoff AG
    Friedrich-Ebert-Anlage 24
    69117 Heidelberg
    Germany
    Phone: 06221-87100-11
    Fax: 06221-87100-22
    E-mail: gutschlag@rohstoff.de
    Internet: www.rohstoff.de
    ISIN: DE000A0XYG76, DE000A1R07G4,
    WKN: A0XYG7, A1R07G
    Indices: Entry Standard (Performance TOP 30)
    Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
    Stuttgart; Open Market (Entry Standard) in Frankfurt


    End of News DGAP News Service
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    DGAP-News Deutsche Rohstoff AG: Hammer Metals and Newmont Mining sign Farmin Joint Venture Agreement on Mount Isa Project - Seite 2 DGAP-News: Deutsche Rohstoff AG / Key word(s): Joint Venture Deutsche Rohstoff AG: Hammer Metals and Newmont Mining sign Farmin Joint Venture Agreement on Mount Isa Project 15.12.2015 / 09:46 The issuer is solely responsible for the content of this …

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