14
Dec
15:54
Raiden, First Quantum partner on Mt Sholl project in WA
Australian junior miner Raiden Resources has signed an MOU with First Quantum for Raiden’s Mt Sholl nickel-copper-platinum group elements (PGE) project in Western Australia, Kallanish reports.
Under the terms of the agreement, First Quantum will sole fund the project up to the decision to mine (DTM), while Raiden will retain a 30% free-carried interest up to DTM. First Quantum will have a 12-month due diligence period, after which it will have the option to …
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