Polymet Mining Corp PLM.R.W

Primary Symbol: T.POM

PolyMet Mining Corp. is a mine development company. The Company is engaged in mining copper, nickel and precious metals from the NorthMet ore body. The Company owns the NorthMet Project and Mesaba Project, which is a copper, nickel, cobalt and platinum group metal (PGM) deposits. The NorthMet deposit is located in the Partridge River Intrusion of the Duluth Complex, a geological formation near the eastern end of the Mesabi Iron Range, which is an undeveloped accumulation of copper, nickel and platinum group metals. The Mesaba Project is located in St. Louis County, Minnesota. Its NorthMet is a disseminated sulfide deposit in heterogeneous troctolitic rocks associated with Mid-continent Rift, and is rich with copper, nickel, cobalt, platinum, palladium, gold and silver. The majority of the metals are concentrated in, or associated with, four sulfide minerals: chalcopyrite, cubanite, pentlandite and pyrrhotite.

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Polymet Mining Corp

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Post by thegoldenchildon Feb 20, 2004 10:32am

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Post# 7091546

Palladium Project to Marathon PGM Corporation

William Murray, the President of Polymet Mining Corp. (the 'Company'), announces that the Company has sold a 100% interest in its Marathon Palladium Project to Marathon PGM Corporation, in consideration of US$250,000. If I knew that they were going to sell it so cheap, I could have offered them more. What a bull..sht company. All the talk about Marathon property and all the pgm, thank goodness I'm out of here today at 0.60, its been years holding on to this piece of crap, see you at 10 cents in the next near while!

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