The company said it intends to continue exploration of the RD cobalt/gold properties near Hazelton, BC and has cancelled its letter of intent with Bakorp Resources
Primary Energy Metals Inc () (OTCMKTS:PEMTF) announced Tuesday plans to continue exploration at the RD cobalt/gold properties and has cancelled its letter of intent with Bakorp Resources Corp.
The Vancouver-based junior explorer's RD property comprises five contiguous mineral claim and is located near Hazelton, BC at the junction of the Bulkley and Skeena Rivers.
READ: Primary Energy Metals reverse share split to roll out Tuesday
Primary Energy Metals is focused on vanadium, cobalt, copper and nickel-focused mineral resource properties.
The shares were flat in afternoon trading in Canada at C$0.12.
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CSE:MOTA
Market: CSE
Market Cap: $11.89 m
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