Sandfire announced that it had increased its holdings of Adriatic Metals, a UK-based junior focused on a lead-zinc project in Bosnia and Herzegovina.

Over the past five months Sandfire spent $5.3 million and purchased 5.2 million shares giving it a 11% interest in Adriatic.

Sandfire Resources is a mid-tier Australian mining and exploration company, which runs the DeGrussa copper-gold mine located 900km north of Perth.

Source: kitco.com