Ramelius (ASX:RMS), an Australian exploration company, confirmed its discussions with the Canada-based mining operation firm, Karora Resources, for a potential transaction.

However, the company clarified that these talks are still ongoing without any assurance of completion.

The company rectified a typo in Karora Resources descriptor in the first paragraph.

Australian explorer Ramelius (ASX:RMS) is an Australian mining and exploration company specialising in gold mining.