Star Uranium Signs LOI to Option Great Western Minerals’ Hoidas Lake Rare Earth Project
Star Uranium Corp. (TSXV:SUV) announced that they have entered into an LOI with Great Western Minerals Group Ltd. (TSXV:GWG,OTCQX:GWMGF) in which Star will have the right and option to acquire up to a 51% participating interest in GWMG’s Hoidas Lake Rare Earth Project.
Star Uranium Corp. (TSXV:SUV) announced that they have entered into an LOI with Great Western Minerals Group Ltd. (TSXV:GWG,OTCQX:GWMGF) in which Star will have the right and option to acquire up to a 51% participating interest in GWMG’s Hoidas Lake Rare Earth Project.
As quoted in the press release:
Star’s right to acquire the Interest will be segregated into two tranches. Star will have the right to acquire a 25% participating interest in the Hoidas Lake Project by funding and completing a preliminary economic assessment in respect of the Hoidas Lake Project within two years. Upon successfully exercising the first tranche and acquiring a 25% participating interest, Star will have the right to acquire a 26% participating interest in the Hoidas Lake Project by funding and completing a feasibility study in respect of the Hoidas Lake Project within four years of the completion of the preliminary economic assessment.
To view the whole press release, click here.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1794.03 | -12.85 | |
Silver | 19.81 | -0.45 | |
Copper | 3.57 | -0.14 | |
Palladium | 1908.50 | -13.50 | |
Platinum | 889.00 | -8.00 | |
Oil | 106.94 | +1.18 | |
Heating Oil | 3.95 | +0.12 | |
Natural Gas | 5.74 | +0.31 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
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.