Home | Business News | Browse by Publication | P | PR Newswire

Mawson joint ventures out Storbodsund nickel - copper - cobalt project in Sweden to Independence Group NL.

Publication: PR Newswire
Publication Date: 01-FEB-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
VANCOUVER, Feb. 1 /PRNewswire-FirstCall/ -- Mawson Resources Limited ("Mawson") TSXv - MAW, Frankfurt - MRY. Michael Hudson, President & CEO announces that the Company has signed a Letter of Agreement ("LOA") to joint venture out the Storbodsund nickel - cobalt - copper sulphide project to Independence Group NL ("Independence") of Australia. Historical drilling at Storbodsund intersected near-surface high grade nickel sulphide mineralization.

Independence is a mining company focused on the discovery of gold and nickel deposits and operates the Long Nickel Mine located in the Kambalda district of Western Australia. Independence trades on the Australian Stock Exchange. Under the terms of the LOA, Independence may earn a 70% interest by incurring expenditures of...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from PR Newswire
Defenders of Wildlife Denounces Secretary Norton's Plan to Delist Wolv..., February 01, 2006
Omnicom to Pay $46.25 Per $1,000 of Liquid Yield Option Notes(TM) Due ..., February 01, 2006
Digital Music Group, Inc. Announces Pricing of Initial Public Offering..., February 01, 2006
American Academy of Pediatrics: Congress Votes to Cut Children's Healt..., February 01, 2006
MCG Capital Corporation Schedules Fourth Quarter 2005 Earnings Investo..., February 01, 2006

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.