- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
First Helium
Purpose Bitcoin ETF
Soma Gold Corp.
Black Swan Graphene
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Century Iron Mines Corporation (TSX:FER) has earned 51% interest in the Attikamagen iron ore property from Champion Minerals.
Century Iron Mines Corporation (TSX:FER) has earned 51% interest in the Attikamagen iron ore property from Champion Minerals.
As quoted in the press release:
Century has fulfilled its obligation to fund $7,500,000 in exploration and development work expenditures on the Attikamagen Iron Property required to earn the Initial Interest in the Attikamagen Iron Property. Labec Century has the option to increase its interest to 56% by funding a further $2,500,000 in exploration and development work on the Attikamagen Iron Property on or before May 12, 2013 and to further increase its interest to 60% by funding an additional $3,000,000 in exploration and development work on the Attikamagen Iron Property on or before May 12, 2014.
Century’s CEO and President, Sandy Chim said:
Century is pleased to have had the earn in completed through its subsidiary, Labec Century, thus forming the joint venture with Champion and achieving a major milestone on the development of the Attikamagen Project. The Project has been progressing well with encouraging results announced earlier from our 2011 exploration program.
Click here to read the Century Iron Mines Corporation (TSX:FER) press release.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.