Clean Air Metals Inc reveals promising new intercepts from Escape Lake deposit on its Thunder Bay North polymetallic project proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.
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THUNDER BAY, ON, May 11, 2021 /PRNewswire/ -
Clean Air Metals Inc. ( Clean Air Metals or the Company ) (TSXV: AIR) (OTCQB: CLRMF) (FRA: CKU) is pleased to announce completion of a C$1.5 million installment payment to Panoramic Resources Limited (PAN: ASX) of Australia.
The Company acquired a 100% interest in the Current Lake Pt-Pd-Rh-Cu-Ni magma conduit deposit from Panoramic Resources for C$9 million, with a $4.5 million down payment under a security interest on May 14, 2020 as previously reported. The transaction included the sale of a 100% interest in Canadian subsidiary Panoramic PGMs (Canada) Ltd. directly to Clean Air Metals under the option with Benton Resources Inc. (BEX: TSXV). Panoramic PGMs (Canada) Ltd., now a wholly-owned subsidiary of Clean Air Metals, in turn owns 100% of the Current Lake deposit. Two equal payments totaling C$3 million remain for May, 2022 and May, 2023. The security obligation may be retired in advance by payment in full at
The company has also wrapped up a $1.5 million instalment payment to Panoramic Resources In May last year, Clean Air Metals acquired a 100% interest in the Current Lake magma conduit deposit from Panoramic Resources
Clean Air Metals Inc (CVE:AIR) (OTCQB:CLRMF) (FRA:CKU) has announced that, as it continues with a previously announced 45,000-meter diamond drilling campaign, it has started environmental baseline field data gathering in support of permitting for its Thunder Bay North project, a platinum, palladium, copper, nickel project in Ontario.
The company said DST, a division of Englobe Corp and NorthWinds Environmental, has been mandated to report on baseline data for hydrology (surface waters), hydrogeology (subsurface water table), noise, water quality, aquatic biology, wildlife biology, and potential for metals leaching and acid rock drainage.
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NA Proactive news snapshot: Tartisan Nickel, Metalla Royalty & Streaming, Dalrada Corporation, Numinus Wellness UPDATE. …
A glance at some of the day s highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive
Tartisan Nickel Corp (CSE:TN) (OTCMKTS:TTSRF) (FRA:8TA) released a National Instrument (NI) 43-101 Technical Report, prepared by SMX International Corporation, on the Sill Lake Lead-Silver property, consisting of 47 unpatented mining claims in Van Koughnet Township, about 30 kilometres north of Sault Saint Marie, Ontario. The NI 43-101 Report is essentially the validation and reinterpretation of the work previously done by Chemrox Technologies LLC, documentation of the current claims package held by Tartisan, plus an examination of an airborne spectrographic report prepared by Steele and Associates. SMX validated the model and resource numbers generated by Chemrox Technologies, which estimated an Inferred s