The Conversation (0)
Mining Weekly reported Consolidated Tin Mines (ASX:CSD) has signed an agreement to fund the Mount Garnet tin project in Australia.
Mining Weekly reported Consolidated Tin Mines (ASX:CSD) has signed an agreement to fund the Mount Garnet tin project in Australia.
As quoted in the market news:
The agreement also established the basis for the formation of a joint venture (JV) to fund a portion of the proposed process plant development costs at Mount Garnet.
Under the agreement, Snow Peak would contribute A$3-million to fund the PFS as part of an initial payment to acquire a 50% interest in the Mount Garnet project.