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SKRR Exploration to acquire Edge’s Carp River Ni-Cu-Co property

Published by , Editorial Assistant
Global Mining Review,


SKRR Exploration Inc. has announced that it has entered into a non-arm’s length acquisition agreement to acquire a 100% interest in Edge Geological Consulting Inc.’s (Edge) Carp River Ni-Cu-Co property, consisting of five mineral claims compromising a total of 5606.48 ha.

Highlights

  • Located in mineral rich Saskatchewan, a world class mining jurisdiction, immediately north of the town of Stony Rapids. 
  • Property is situated within the similar regional bedrock lithology associated with the nearby Axis Lake and Rea Lake Ni-Cu-Co deposits and Currie Lake occurrences of ALX’s Firebird property on which Rio Tinto has an option agreement to earn 80%. 
  • Numerous nickel, copper and cobalt showings along trend, including the Carp River, Bet Claims and McAskill showings associated, with multiple moderate to high priority interpreted VTEM anomalies. 
  • Historic soil grid survey exploration on the Carp River grid in 2005 determined that Ni, Cu, Co anomalies were significant and comparable to those associated with the Axis Lake and Currie Lake occurrences located 5 km and 10 km to the west respectively.

Sherman Dahl, SKRR’s Chief Executive Officer, commented:

“SKRR continues to build shareholder value by thinking outside the box. Over the last six months we have expanded our property portfolio with a focus on battery metals in both Northern Saskatchewan and British Columbia. Over the next few months we are further committed to unlocking the value of our portfolio of gold and battery metal assets. We are extremely excited to acquire the Carp River Nickel-Copper-Cobalt property and add to our expanding portfolio of assets in one of the world’s premier mining jurisdictions.”

Read the article online at: https://www.globalminingreview.com/mining/25102022/skrr-exploration-to-acquire-edges-carp-river-ni-cu-co-property/

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