York Harbour Metals Advances Newfoundland Project

York Harbour Metals Inc (TSE:YORK) has released an update.

York Harbour Metals Inc. has completed the first milestone of an option agreement with Firetail Resources, giving Firetail a 49% stake in the high-grade Copper-Zinc-Silver project in Newfoundland. The deal, which could result in Firetail earning up to 80% interest, also grants York Harbour Metals a 2% net smelter returns royalty. The collaboration aims to accelerate project development and promises value for shareholders and the Newfoundland community.

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