Norra Metals Corp V.NORA.H

Alternate Symbol(s): NRRMF

Norra Metals Corp. is a Canada-based precious and base metals exploration company. The Company’s principal business activities include the acquisition and exploration of resource properties. Its Norwegian assets include the Bleikvassli polymetallic, zinc-copper-lead-silver underground mine project and the Meraker copper-zinc- gold exploration project. It also holds a 100% interest in the Pyramid copper-gold porphyry project located in Northwest British Columbia. The Pyramid Property is located approximately 65 kilometers (kms) north of Dease lake in north-west British Columbia. The Company’s Bleikvassli property is composed of the last copper-zinc-silver-gold producing mine across six contiguous exploration licenses totaling 60 square kilometers (sq.km) of area in the Hemnes Municipality of the Nordland Fylke Province of Norway. The Meraker property is composed of approximately 21 contiguous mineral licenses totaling 206 sq. km in the Meraker municipality of Trondelag County, Norway.

TSXV:NORA.H - Post by User

Norra Metals Corp

Bullboard Posts

Comment by idiosyncraticon Mar 28, 2012 8:37pm

691 Views

Post# 19731074

RE: Net Present Value

As of right now, Orko owns 100% (not 45%). That is the most important point.

Orko would own 45% only if, Pan American 'earns' 55% by delivering the full feasibility study, spends the full CAPEX amount (estimated at $270 million in the PEA) and brings the mine into production through the first pour of silver. Then, and only then, would Pan American 'earn' a 55% interest in the project.

Bullboard Posts

Canadian artificial intelligence ETFs