Neotech Metals Acquires Torrance Project from Kenorland Minerals
Neotech Metals has signed an agreement to acquire the Torrance Project from Kenorland Minerals, gaining 100% interest in a mining site in Ontario, Canada. The project, located near Neotech’s Hecla-Kilmer Project, has potential for niobium-tantalum-rare earth element mineralisation and includes 580 mining claims over 12,270 hectares. Neotech will issue 1,000,000 shares to Kenorland as part of the deal.
Tickers: $NEO
Topics: acquisition carbonatite formations mining rare earth elements resource exploration