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Carube Copper secures rights for Quebec platinum palladium project

Published: 20:16 25 Aug 2016 BST

Carube Copper strikes deal for rights to Fiedmont Platinum Group Elements Project
Carube Copper strikes deal for rights to Fiedmont Platinum Group Elements Project

Carube Copper Corp. (CVE:CUC) announced on Thursday that it secured rights to acquire the Fiedmont Platinum Group Elements Project in Quebec.

The agreement is subject to a 2% NSR and Carube must make the first of four scheduled payments with vendors to move forward.

Fiedmont includes 54 mining claims covering 23 square kilometers, in a section of Quebec close to Val d’Or, a major mining and service center.

Fiedmont and the Lac des Iles mining complex is one of only two primary producers of palladium in the world.

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on 24/10/18