Teck can earn 75% stake in Chile copper project
VANCOUVER – Teck Resources Ltd. (TECK.B-TSX, TECK.A-TSX, TECK-NYSE) has been granted an option to earn up to a 75% interest in Golden Rim Resources Ltd.’s 100%-owned Loreto Copper Project in northern Chile. The Canadian mining giant can exercise the option by making US$600,000 in staged cash payments to Australia Stock Exchange-listed Golden Rim and spending US$17 million on exploration. The Loreto concessions cover...
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