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Conico Navigates Greenland Legal Hurdles While Advancing Mt Thirsty Project Plans
3:50am on Monday 2nd of June, 2025 AEST
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Mining
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Conico Navigates Greenland Legal Hurdles While Advancing Mt Thirsty Project Plans
3:50am on Monday 2nd of June, 2025 AEST
Key Points
Legal dispute with Cartwright Drilling over C$1.34 million liability remains unresolved
No field activities in Greenland during the quarter amid dispute negotiations
Mt Thirsty project scoping study update underway, exploring HPAL and pCAM production
Plans imminent capital raising to bolster cash reserves and resume ASX trading
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