Metals One PLC (GB:MET1) has released an update.
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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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