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Primary Energy Metals nixes sale of RD cobalt-gold property

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Primary Energy Metals nixes sale of RD cobalt-gold property

Primary Energy Metals Inc. scrapped plans to sell the RD cobalt-gold properties in British Columbia to Bakorp Resources Corp.

In late February, the company granted Bakorp Resources an option to acquire the project for C$150,000 under a letter of intent.

Primary Energy Metals said March 12 that it will continue exploring the property, which it acquired in August 2018 from DG Resource Management Ltd.