Teck has a first option to earn a 55% interest over three years, and the two companies will form a joint venture thereafter.
Designed to address the challenges posed by large flotation cells.
Teck will have the option to acquire an 80% interest in La Coipita by funding cumulative exploration expenditures of $20 million over a five-year period.
Canada Nickel’s flagship project is the Crawford nickel sulphide deposit in Ontario.
Tama Atacama is one of the largest lithium brine projects in South America, covering about 1,200km2 across three Chilean salt flats.
First gold production from the Salares Norte project in Chile is now expected in the second quarter of the year.
The license clears the way for mining at the Makuutu project and marks the first large-scale mining license to be awarded in Uganda.
