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Highland Copper Acquires Rio Tinto Exploration Properties in Michigan
May. 31, 2017 08:32AM PST
Base Metals Investing
Highland Copper Company Inc. (TSXV:HI) (“Highland” or the “Company”) is pleased to announce that it has acquired from Kennecott Exploration Company and Rio Tinto Nickel Company (“RTX”), subsidiaries of the Rio Tinto Group, all of their mineral properties covering approximately 447,842 acres in the Upper Peninsula of the State of Michigan, U.S.A (the “UPX Properties”). …
Highland Copper Company Inc. (TSXV:HI) (“Highland” or the “Company”) is pleased to announce that it has acquired from Kennecott Exploration Company and Rio Tinto Nickel Company (“RTX”), subsidiaries of the Rio Tinto Group, all of their mineral properties covering approximately 447,842 acres in the Upper Peninsula of the State of Michigan, U.S.A (the “UPX Properties”).
As quoted in the press release:
Mr. Denis Miville-Deschênes, President & CEO of Highland commented on the acquisition of the RTX’s properties. “Although the Company’s focus remains the Copperwood project, we believe that our new exploration package is highly prospective given that, for many of the targeted commodities, the region has been under-explored. The acquired properties also represent a significant project pipeline for the future”.
