Firebird Metals Inks Deal with Macro Metals

Kogi Iron Ltd. (AU:M4M) has released an update.

Firebird Metals Limited has entered into a farm-out agreement with Macro Metals Ltd, allowing the latter to acquire an 80% interest in several manganese tenements. Under the deal, Macro Metals will invest $150,000 and conduct a drilling program across the tenements, while Firebird retains a 20% interest and potential 1% sales commission. This strategic collaboration enables Firebird to concentrate on its Oakover Project and Chinese manganese sulphate plant, offering potential upsides from the tenements’ future development.

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