Major Precious Metals has reported a significant increase in resources at its Skaergaard Project in
Greenland. Platina’s 49 million shares stake in Major has now increased to A$30 million.
Platina Resources Limited’s (ASX:PGM) (OTCMKTS:PTNUF) (FRA:P4R) investment value in Canadian explorer Major Precious Metals (CSE:SIZE) has increased following an increased mineral resource estimate at Major’s Skaergaard Project in Greenland.
Platina’s 49 million shares stake in Major has now increased to A$30 million based on the last traded price of C$0.60 per share.
Skaergaard hosts one of the world’s largest undeveloped gold deposits and one of the largest palladium resources outside of South Africa and Russia.