Metals One PLC (GB:MET1) has released an update.
Metals One PLC, engaged in advancing battery metals projects in Finland and Norway, has announced ongoing discussions regarding the second stage payment from Gunsynd Plc under their Farm-in Agreement. The company also confirmed receiving over 60% of assay results from its Finland Black Schist Project and anticipates an updated resource and preliminary economic assessment in Q2 2024. This marks a significant step towards transitioning from exploration to project development, highlighting their resource of 28.1 million tonnes of nickel-zinc-copper-cobalt.
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