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Quantum Battery signs letter of intent to acquire Copper Coffer property

22nd March 2024

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

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Battery metals mining company Quantum Battery Metals has signed a nonbinding letter of intent (LoI) to acquire the Copper Coffer property, in Newfoundland, Canada.

The LoI details the proposed acquisition of the property, with a 100% option interest in and to 24 mineral claims, together with the surface rights, mineral rights, personal property and permits associated with the Copper Coffer property.

The Copper Coffer property is a copper prospect with an area of about 600 ha and is located on the Bonavista Peninsula.

The Copper Coffer property is prospective for sedimentary-hosted stratiform copper mineralisation. 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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