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Yahoo Finance reported Champion Iron Limited (TSX:CIA) announced an update on its Fire Lake North project located in the Fermont Iron Ore District of Québec.
Yahoo Finance reported Champion Iron Limited (TSX:CIA) announced an update on its Fire Lake North project located in the Fermont Iron Ore District of Québec.
As quoted in the market news,
Champion is pleased to announce that, through its wholly-owned subsidiary Champion Iron Mines Limited, it has repurchased from Fancamp Exploration Ltd. (“Fancamp”) a 1.5% net smelter royalty (“NSR”) interest, representing half of a total 3% NSR on production from the Fermont property holdings, including Champion’s flagship CFLN project.
Click here for the full Champion Iron Limited (TSX:CIA) press release