Primary Energy Metals Inc (CSE:PRIM) (OTCMKTS:PEMTF) has agreed to sell its RD gold and cobalt property to Blue Lagoon Capital Inc in a C$25,000 deal.
The RD property is located in west-central British Columbia, just north of the Rocher Deboule range and near the junction of the Bulkley and Skeena Rivers.
The exploration project comprises five contiguous mineral claims that cover an area of around 7,000 hectares.
Completion of the transaction is subject to completion of filings with the Canadian Securities Exchange, as well as title confirmation of the RD property and a negotiated definitive agreement with Blue Lagoon.
Contact Angela at [email protected]
Follow her on Twitter @AHarmantas