Metalite Resources Inc (TSE:METL) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Metalite Resources Inc. has announced a significant partnership through its subsidiary Osprey Advanced Materials Inc., which has secured a 10-year contract mining agreement with Ferromin Inc. for the Titan Project in Ontario. The deal involves Ferromin conducting contract mining operations and paying royalties to Osprey, underscoring the high-quality aggregates found at the site. Additionally, the agreement extends Osprey’s exploration capabilities and provides material for metallurgical processing tests.
For further insights into TSE:METL stock, check out TipRanks’ Stock Analysis page.