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Cornish Metals signs agreement to sell Nickel King Property in Canada
Cornish Metals has signed a binding letter of agreement to sell its 100% interest in the Nickel King and Opescal Lake properties (together called Nickel King Property) to Northera Resources for a total consideration of up to C$8m ($5.8m).
A compliant NI 43-101 geological resource model has indicated significant mineral resources at the Nickel King Property.
The indicated category boasts 11.1 million tonnes (t) with grades of 0.40% Ni, 0.10% Cu and 0.018% Co, containing 44,500t of Ni, 10,600t of Cu and 2,200t of Co.
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- [Editor:邢亞敏]
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