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Emergent Metals Corp V.EMR

Alternate Symbol(s):  EGMCF

Emergent Metals Corp. is a gold and base metal exploration company focused on Nevada and Quebec. Its properties include Casa South Property, Trecesson Property, Troilus North Property, East West Property, Golden Arrow, New York Canyon, Buckskin Rawhide East, Buckskin Rawhide West, Koegel Rawhide, and Mindora (aka West Santa Fe). The Casa South Property, Quebec is located approximately 80 kilometers (km) north of the town of La Sarre, Quebec. The Trecesson Property is located approximately 50 km north and 10 km northwest of the cities of Val D’Or and Amos, Quebec, respectively. The Golden Arrow Property is located approximately 40 miles east of Tonopah in Nye County, Nevada. The New York Canyon Property is an early-stage exploration property located about 30 miles east of Hawthorne, Nevada. The Buckskin Rawhide East Property is situated within the Walker Lane structural zone and gold belt of Western Nevada. The Koegel Rawhide Property is an early-stage gold/silver exploration property.


TSXV:EMR - Post by User

Post by StockHawk1on Jan 24, 2023 5:10pm
207 Views
Post# 35243432

EMR signs JV w/ a RIO subsidiary for NY Canyon proj.

EMR signs JV w/ a RIO subsidiary for NY Canyon proj.

Emergent Metals (EMR.v EGMCF) has signed a joint venture deal with a subsidiary of the massive global mining company Rio Tinto (RIO). 


The RIO subsidiary will be able to earn a 75% interest in EMR's New York Canyon Copper project by completing  $22.5 M of exploration work on the project. 


Not only does this deal show that RIO has a lot of confidence in EMR NY Canyon project, but it also means that EMR is will-capitalized to explore its other copper projects. 


For an in-depth analysis of this news and EMR as a whole, check out this article: https://smartstreetinvesting.com/emr/

 
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