06
Jan
15:57
Lion Copper, Rio Tinto advance Mason Valley copper project
Lion Copper and Gold says it has completed Stage 1 exploration at its Mason Valley copper project in Nevada with funds provided by Rio Tinto, Kallanish reports.
The British Columbia-based company says it has reached an agreement with Rio Tinto America subsidiary on the scope of the Stage 2 exploration with Nuton, a Rio Tinto copper venture, and on accelerating Stage 3 exploration work. Rio Tinto will provide $5 million for Stage 2 funding and an immediate advance …
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