Electra Battery Materials Has Signed An Amendment To The Redcastle Property Agreement To Extend Its Two Main Exploration Expenditure Commitments By Two Years, To 2026 And 2028 Respectively.
Portfolio Pulse from Benzinga Newsdesk
Electra Battery Materials has signed an amendment to the Redcastle Property Agreement, extending its exploration expenditure commitments by two years to 2026 and 2028. The company's 2023 field program discovered a new copper surface showing, Malachite Hill Copper Showing, in the Idaho properties.
July 25, 2024 | 11:12 am
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Electra Battery Materials has extended its exploration expenditure commitments by two years and discovered a new copper surface showing in Idaho.
The extension of exploration commitments indicates a long-term investment in the Idaho properties, which could lead to future resource discoveries. The discovery of the Malachite Hill Copper Showing is a positive development, potentially increasing the value of the company's assets.
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