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.
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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