Nickelex Resource Corp V.NICK

Alternate Symbol(s): NKLXF

Nickelex Resource Corporation is engaged in the acquisition, exploration, and development of natural resource properties. Its operations include Swift Katie gold/copper property and Thompson, Manitoba nickel properties, and Pilar Gold Inc. and Laiva Gold Inc. The Swift Katie gold/copper property near Salmo, British Columbia is an area that has historically hosted several important mining districts and is underlain by rocks favourable for the discovery of both copper-gold porphyry deposits and high-grade gold quartz veins. It has an option to earn up to an 80% interest in the Moak North and Wilson Mineral Exploration Licenses in the Thompson Nickel Belt (TNB), Manitoba. The four licenses are located 30 kilometers north of the Thompson Nickel Mine and cover an area of approximately 30,283 hectares. Pilar Gold Inc. and Laiva Gold Inc. have operations in Brazil and Finland. Pilar Gold operates the Pilar gold mine in Brazil. Laiva Gold owns the Laiva gold mine and mill in Finland.

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Nickelex Resource Corp > Pilar/Laiva Gold spinout - Valterra

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Comment by OldGoldon Jul 19, 2023 7:33am

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Post# 35547429

RE:RE:RE:RE:Pilar/Laiva Gold spinout - Valterra

I had almost given up on my VQA stock, but they are still hanging in there. My take is that the Laiva spin-out will give VQA stock in Laiva and bring cash into Pilar to bolster their bank account. Last week I received a link to a video as a Pilar shareholder. It looks like they are set to expand their portfolio with Tucano, I do not know if this will help my VQA stock, but I think it will help my Pilar position.

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Sirios Resource discovers visible gold in Quebec