Post by
Wangotango67 on Nov 24, 2022 4:49pm
WORTHINGTON CLAIMS
This file shows Wallbridge with Worthington ownership - former BMK nickel claims...
https://www.geologyontario.mndm.gov.on.ca/mndmfiles/afri/data/records/41I05SE2023.html
WALLBRIDGE WEBSITE - JV with Lonmin Canada Inc.
The Wisner properties in Sudbury are being explored for copper and PGMs as part of the NRJV with Lonmin Canada Inc. They include several high-grade Cu-PGM occurrences and over 12 identified exploration targets within a 10 kilometre long prospective belt of geology surrounding Wallbridge's Broken Hammer Cu-PGM open pit project (in closure state) and adjacent to several Ni-Cu-PGM deposits owned by Vale and Glencore.
Distributed throughout all the Wisner properties are irregular bodies of Sudbury Breccia, which is the main host rock for footwall-style Cu-Ni-PGM mineralization
But back in 2019 -
Oct 29, 2019 — Wallbridge earns 20% Ownership of Lonmin Canada Inc Through Operatorship Agreement and Creates Separate Copper-Nickel-PGM Group
Yet... MAGNA ( NICKEL MINE ) West of Sudbury...
Magna takes over Lonmin ???
Sudbury, Ontario--(Newsfile Corp. - November 7, 2022) - Magna Mining Inc. (TSXV: NICU) ("Magna" or the "Corporation") is pleased to announce that it has closed the acquisition of Lonmin Canada Inc. ("Loncan"), including the Denison Project and the past producing Crean Hill Ni-Cu-PGE mine (the "Acquisition"), pursuant to a share purchase agreement dated August 15, 2022 (the "Share Purchase Agreement") among the Corporation, Loncan, each of the shareholders of Loncan and Sibanye UK Limited, as shareholder representative.
Under the terms of the Share Purchase Agreement, Magna acquired 100% of the issued and outstanding shares of Loncan, whose core asset is the Denison Project, in exchange for an aggregate purchase price of $16 million comprised of a closing payment of $13 million in cash (the "First Payment") and a deferred payment of $3 million (the "Deferred Payment") payable pro rata to each shareholder of Loncan (the "Vendors").
https://www.newsfilecorp.com/release/143301/Magna-Mining-Closes-Acquisition-of-Lonmin-Canada-Inc.
Vale, Glencore, Wallbridge, Lonmin, Magna,
Does Wallbridge act the part of - BRIDGE - ?
Cheers....
So... i can't seem to find any other literature on the Worthington Claims...
The Northern miner has the one report ( first link ) in this post...
But on Wallbridges website... i'm not seeing the name - Worthington, not unless they're not
mentioning it as, Worthington and just providing a - rough - location using other names.
Comment by
yureja28 on Nov 25, 2022 12:38am
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