Post by
Massimilian on Oct 30, 2017 1:42pm
News
RND renews its agreement with Maxem Equipment PTY V.NIP | 2 hours ago (TheNewswire) Brossard, Quebec / TheNewswire / October 30 th , 2017 - Nippon Dragon Resources Inc. (Nippon or NDR) (TSX-V Symbol: NIP ) , is pleased to announce that it has renewed its agreement pertaining to the usage of thermal fragmentation for the next 3 years with Maxem Equipment PTY Limited (Maxem) for South Africa and neighboring countries. The new agreement includes a monthly royalty fee plus a monthly rental fee per burner head (lance) employed. This new method of compensation will facilitate the general administration of the agreement. The company hopes that Maxem will employ several lances in the future. Maxems client for the past two years continues to use the lance that it operates in one of their operations. Taking into account the geological context found in South Africa and elsewhere, thermal fragmentation seems to be one of the solutions to extract precious metals economically and safely. Thermal fragmentation is a tool that allows companies to control dilution during blasting by quickly and cheaply boring openings and extracting mineralized corridors previously identified by the geologists. The entire mining industry should benefit from this innovation. About Nippon Nippon is active in the exploration and the development of gold resources in Quebec. The Corporation holds a gold property with resources recognised in accordance with NI43-101 and also an exclusive license for the Thermal Fragmentation mining method. The companys growth strategy is based on: - The development of its gold deposits with the objective of producing revenue from its operations; - Increasing the value of its mining assets by prioritizing the exploration targets; and - The commercialisation and employment of its thermal fragmentation technology. Read more at https://www.stockhouse.com/news/press-releases/2017/10/30/rnd-renews-its-agreement-with-maxem-equipment-pty#B31fbHPVip2M1xVV.99
Comment by
massimiliano on Oct 30, 2017 2:56pm
doesnt looks like..but is better then nothing..other 3 years of contract..mmm
Comment by
emile33 on Oct 30, 2017 4:08pm
Yes that is wat i mean to say.... it has to be good.....
Comment by
yell on Nov 01, 2017 9:28pm
Bon exclusivit pour un distributeur qui a toujours une lance en opration. Bienvenue aux vendeurs de lunette roses.... Extraordinaire qu'il puisse toujours vendre des actions. Ils doivent avoir un mchant vendeur dans leur quipe...