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Norfolk Metals Secures $3M Earn-In Deal for Chile Copper Project
4:32am on Monday 2nd of June, 2025 AEST
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Mining
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Norfolk Metals Secures $3M Earn-In Deal for Chile Copper Project
4:32am on Monday 2nd of June, 2025 AEST
Key Points
Binding earn-in agreement to acquire 70% of Carmen Copper Project in Chile
Committed $3 million exploration funding over three years with option for remaining 30%
Capital raising of A$1 million secured, pending shareholder approval at May 29 EGM
Maiden drilling program and due diligence well advanced
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