80% Interest in Mineral Claims Acquired in Lemhi County
What happened
An 80% interest in mineral claims located in Lemhi County was acquired from BG Copper Corp. The claims, known as the Bobcat Project, contain historic indicators of a porphyry system and previous drill results showing copper content. The remaining 20% of the interest is held by Kluane Capital FZCO and Cloudbreak Discovery PLC.
From intelligencer.ca
Why it matters
The acquisition provides financial backing to the project. The parties intend to form a joint venture to develop the project after a positive pre-feasibility study concludes that the development is technically feasible and economically viable.
The flagship project covers an area in Lemhi County, located in the state of Idaho.
From intelligencer.ca
Who's involved
- Lemhi CountyCounty where the mineral claims are located
- projectThe mineral claims subject to the acquisition
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- projectSpeculative
The project might receive increased funding and investment following the acquisition of the 80% interest.
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The entities involved
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Lemhi County
county in Idaho, United States
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