Clean Air Metals on the hunt for Ontario s next large platinum group metals discovery 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.
Share this article
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.
Auroch Minerals Ltd strengthens team as it steps up nickel strategy proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Elemental Royalties Reports Strengthening of Counterparties On Key Royalties and Provides Exploration Update
News provided by
Share this article
VANCOUVER, BC, Dec. 21, 2020 /CNW/
- Elemental Royalties Corp. (
Elemental or the
Company ) (TSXV: ELE) (OTCQX: ELEMF), a gold-focused royalty company providing investors with exposure to a growing portfolio of producing royalties, is pleased to provide a corporate update covering three of its existing royalties and one royalty that is part of the portfolio being acquired from South32 Limited (
South32 ) as announced on November 23, 2020.
Highlights
Premier ) (TSX: PG). Elemental owns a 1% Net Smelter Returns (
NSR ) royalty on Premier s Mercedes Mine (
Mercedes ), a key asset in the Premier portfolio, which becomes payable to Elemental from July 28, 2022 following a time hurdle