Constantine Announces US $8.8 Million Budget for 2021 Palmer Copper-Zinc-Silver-Gold Project, Southeast Alaska
Retrieved on:
Tuesday, March 30, 2021
Vancouver, British Columbia--(Newsfile Corp. - March 30, 2021) - Constantine Metal Resources Ltd. (TSXV: CEM) ("Constantine" or the "Company") is pleased to announce 2021 plans for the Palmer VMS Project located in Southeast Alaska ("Palmer" or "Project").
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - March 30, 2021) - Constantine Metal Resources Ltd. (TSXV: CEM) ("Constantine" or the "Company") is pleased to announce 2021 plans for the Palmer VMS Project located in Southeast Alaska ("Palmer" or "Project").
- A budget of US $8.8 million for the 2021 work program has been approved by the Constantine Mining LLC Joint Venture, ("CMJV") including plans for 6,000 meters of drilling.
- Dowa Metals & Mining Alaska Ltd. has committed to fund the entire 2021 work program which will result in dilution of Constantine's CMJV interest.
- Constantine will remain as operator of the Project to oversee the 2021 work program.