CSD Agrees to Fund Mount Garnet Tin Project

- May 3rd, 2012

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.

Click here to read the full Mining Weekly report.

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