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Richmond Minerals (TSXV:RMD) acquires exploration properties

Mining, Sponsored, The Watchlist
TSXV:RMD
14 April 2022 13:00 (EDT)

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Richmond Minerals (RMD) has purchased 10 exploration properties in Austria.

The land package consists of 554 exploration licenses totalling 256.1 square kilometres in the Carinthia and Salzberg areas.

Including the licenses of Richmond’s Oberzeiring Project, the company now holds a total of 653 exploration licenses covering approximately 300 km2 within the mining districts of Central Europe.

Thomas Unterwaisacher, Geologist with Richmond Minerals sat down with Shoran Devi to discuss the news.

Under the terms of the agreement, Richmond has made a one-time cash payment of $30,000 (Australian dollars) to the vendor, High Grade Metals Ltd. (HGM), to acquire a 100 per cent interest in the licenses.

Richmond Minerals Inc. is a mineral exploration company engaged in exploration projects located throughout Quebec and Ontario. 

Richmond Minerals Inc. (RMD) opened trading at C$0.045 per share.

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