Fitzroy Resources (ASX: FRY) has made an acquisition to expand the company's tenement footprint in central Queensland.
The tenement was purchased from Kangaroo Resources (ASX:KRM) for a cash consideration of A$50,000.
Fitzroy’s combined land holding in the region is now 726 square kilometres, with the tenements covering around 90% of the known Rookwood Volcanics which are host to the 1.75 million tonne Develin Creek copper-zinc resource.