Turquoise Hill last week began arbitration proceedings against its biggest shareholder Rio Tinto to seek "clarity" on financing for Oyu Tolgoi, one of Rio's biggest growth projects.
One hole hit a long, high-grade gold-silver interval from near surface, returning 67.6 metres of 3.63 g/t gold and 132.83 g/t silver starting at 51 metres.
Wheaton will purchase 6.5% of the gold production and 100% of the silver production from the project until 190,000 ounces of gold and 2.15 million ounces of silver have been delivered.