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92 Resources acquires lithium property in Quebec
Industry Top Trends 2021: Metals and Mining
Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019
Essential Metals & Mining Insights - September 2020
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92 ResourcesCorp. said July 26 that it entered into a purchase agreement toacquire a 100% interest in the Pontax lithium property in Quebec.
The company will issue 3.0 million common shares and make cashpayments totaling C$50,000 over a 12-month period to the vendor.
The deal is subject to a 3% net smelter royalty return, 1%of which can be bought back by the company.
The property consists of 104 mineral claims covering fourblocks, totaling about 5,536 hectares.