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Norden Crown Metals Corp V.NOCR

Alternate Symbol(s):  NOCRF

Metals & Mining Industrial Metals & Minerals
Norden Crown Metals Corporation is a Canada-based exploration company, which is engaged principally in the acquisition, exploration, and development of mineral properties in Sweden and Norway. The Company is focused on the discovery of zinc, silver, lead, copper, and gold deposits. Its Gumsberg VMS Project consists of six exploration licenses in the Bergslagen Mining District of southern Sweden totaling over 17,830 hectares, where multiple zones of volcanogenic massive sulfide (VMS) style mineralization occur. Its Burfjord copper-gold Project is comprised of seven exploration licenses totaling approximately 6,200 hectares in the Kafjord copper belt near Alta, Norway. Copper and gold mineralization at Burfjord are hosted by swarms of iron-oxide-rich carbonate veins, with high grade copper mineralization. The Burjord project is situated approximately 40 kilometers (km) southwest of Alta (regional airport), road accessible and is located approximately 7.5 km from tide water.


TSXV:NOCR - Post by User

Norden Crown Metals Corp
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Post by tickerhiton Jun 10, 2020 1:48pm
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Post# 31134399

Update: TSXV's Boreal Jumps 10% as Signs Option

Update: TSXV's Boreal Jumps 10% as Signs Option
Agreement With Boliden Mineral AB for Burfjord Project in Norway
2020-06-10 11:58:02 AM ET (MT Newswires)
   
   

11:58 AM EDT, 06/10/2020 (MT Newswires) -- Boreal Metals (BMX.V) jumped 10% to $0.05 apiece Wednesday after it entered into an option agreement with Boliden Mineral AB regarding the company's 100% owned Burfjord copper-gold project in Northern Norway.

The project is host to gold and cobalt bearing high grade copper veins which occur in broad zones of disseminated style copper mineralization covering a 6-kilometer by 4-kilometer window of copper prospective geology.

CEO Patricio Varas said: "The option agreement with Boliden, a leading mining and smelting company in the region, represents a significant step forward in the advancement of Boreal's exploration project portfolio. Collaboration with Boliden will maximize the potential for a significant copper-gold discovery at Burfjord and will facilitate value creation during these difficult financial market conditions."

Price: 0.06, Change: +0.01, Percent Change: +10.00

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