Powermax Minerals Options to Acquire Melba North Rare Earth Claims
Powermax Minerals entered a three-year option to acquire 100% of the Melba North claims in northern Ontario, subject to a 1.5% net smelter return royalty and approvals. It plans to assess follow-up drilling under an existing permit.
Powermax Minerals has a 3-year option to acquire 100% of the Melba North rare earth claims in northern Ontario, subject to a 1.5% NSR and approvals. The company plans to incorporate historical data and evaluate follow-up drilling under an existing permit.