https://www.northernontariobusiness.com/
Perth explorer has high production hopes in expanding holdings in northeastern Ontario
A Sudbury junior miner has flipped a northeastern Ontario base metal property to an Australian exploration outfit.
Transition Metals announced April 15 that it has completed the sale of the Dundonald nickel-copper-near Iroquois Falls to Legendary Ore Mining. Legendary is a subsidiary of VaniCom of Perth, Western Australia. The two parties signed a binding letter of intent last August.
The terms of the sale involved an initial payment of $50,000 to Transition Metals at the signing the letter of intent followed by a second payment of $100,000 upon closing the definitive purchase agreement.