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Mining Weekly reported that Northern Mining (ASX:NMI) will explore the Toro tenements for rare earths.
Mining Weekly reported that Northern Mining (ASX:NMI) will explore the Toro tenements for rare earths.
As quoted in the market news:
The ASX-listed rare-earth element explorer would spend A$4-million on exploration within a three-year period, to earn a 51% interest in the project area. Northern Minerals would then have the option to increase its stake to 70%, by spending another A$2-million over the following two years.