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    cobalt investing

    Vulcan Minerals Acquires 51 Percent Interest in Tasisuak from Nortec

    Investing News Network
    Feb. 14, 2013 10:15AM PST
    Battery Metals

    Vulcan Minerals Inc. (TSXV:VUL) announced that it has acquired Nortec Minerals Corp’s interest in the Tasisuak Lake property.

    Vulcan Minerals Inc. (TSXV:VUL) announced that it has acquired Nortec Minerals Corp’s interest in the Tasisuak Lake property.

    As quoted in the press release:

    The Tasisuak Lake Nickel/Copper/PGE property is situated approximately 50 km northwest of the Voisey’s Bay Nickel/Copper mine. Previous work on the property included shallow drilling with encouraging results of up to 14 metres of 1.02% Nickel, 0.51% Copper, 0.03% Cobalt, 0.12% Chromium and 0.35 g/t Platinum Group Elements plus Gold. Many geophysical targets and surface showings remain untested. The mineralization occurs in noritic intrusive rocks within the Tasiyuak gnesis marginal to the Nain Plutonic Suite. The Company plans to commence a detailed compilation and integration of all previous work towards soliciting a joint venture partner and formulating a priority set of drilling targets. The proposed acquisition is subject to TSX Venture Exchange approval.

    To view the whole press release, click here.

    tsxv:vulcobalt investingjoint venture
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