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Transition Options 100% Interest in the Janice Lake Sedimentary Copper Project, Saskatchewan to Forum Uranium
Feb. 06, 2018 08:54AM PST
Base Metals Investing Transition Metals Corp. (“Transition”, XTM – TSX.V) and Forum Uranium Corp.(“Forum”, FDC-TSX.V), collectively (“the Parties”) are pleased to announce that the Parties have entered into a definitive agreement (the “Agreement”) whereby Forum has optioned a 100% interest in the Janice Lake Sedimentary Copper Property (the “Property”), in north-central Saskatchewan. The Janice Lake Property is located 55 kilometres southeast of the Key …
Transition Metals Corp. (“Transition”, XTM – TSX.V) and Forum Uranium Corp.(“Forum”, FDC-TSX.V), collectively (“the Parties”) are pleased to announce that the Parties have entered into a definitive agreement (the “Agreement”) whereby Forum has optioned a 100% interest in the Janice Lake Sedimentary Copper Property (the “Property”), in north-central Saskatchewan. The Janice Lake Property is located 55 kilometres southeast of the Key Lake uranium processing facility in close proximity to several of Forum’s core uranium exploration projects.
As quoted in the press release:
Scott McLean, President and CEO of Transition Metals added, “Transition views the opportunity at Janice to be one of the best exploration stage sedimentary copper projects in North America. We are pleased to partner with Forum, which has operational capacity and depth of expertise in Saskatchewan to move this project forward.”
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