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Primary Energy Metals cancels its letter of intent with Bakorp Resources

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

cobalt
Primary Energy Metals is focused on vanadium, cobalt, copper and nickel-focused mineral resource properties

Primary Energy Metals Inc (CSE:PRIM) (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.

Contact Katie Lewis: [email protected]

Follow her on Twitter: @kelewis

Quick facts: Primary Energy Metals Inc.

Price: 0.4 CAD

CSE:PRIM
Market: CSE
Market Cap: $9.33 m
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