on Norrland Gold Corp. (isin : CA65651T1012)
Native Title Mining Agreement Signed for Exploration in Australia
Norrland Gold Corporation announced that a Native Title Mining Agreement for Exploration has been signed in Australia. The agreement involves Eversley Resources and the Arabana Aboriginal Corporation RNTBC. This allows Eversley to begin exploration activities.
Norrland acquired a 24.3% equity in Eversley Resources with plans to increase its stake. The North Gawler Project in South Australia presents Iron Oxide Copper Gold (IOCG) and rare earth elements (REE) exploration opportunities on a large 2,584 square kilometer area.
Targets such as Jupiter and Ganymede show potential for IOCG deposits. Additionally, the Victory Ionic Clay REE prospect suggests potential for inexpensive exploration. This advancement marks a key step for Norrland in the development of the area.
R. H.
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