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Green Bridge Metals aims to acquire up to a 70% stake in Minnesota's Serpentine copper-nickel project.
Green Bridge Metals Corporation has agreed to a non-binding Letter of Intent with Encampment Minerals, Inc. to potentially acquire up to a 70% interest in the Serpentine Project in Minnesota.
The project is a copper-nickel deposit in the Mesabi Range.
Green Bridge could earn a 50% stake by issuing $2 million in shares and funding $10 million in activities within two years, with further conditions to reach 70% ownership.
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Green Bridge Metals pretende adquirir una participación de hasta el 70% en el proyecto de cobre y níquel Serpentine de Minnesota.