EMX announced the sale of its Råna battery metal project to Kingsrose Mining. Kingsrose previously entered into an agreement regarding the northwestern parts of the intrusion, including the past producing Bruvann Mine. Following the 2nd deal with EMX, Kingsrose Mining now controls 208 km2 of prospective ground, including the entire Råna intrusion. After initial mapping and geochemical sampling, the company plans to use deep penetrating geophysics to generate drill targets for testing from mid-2023. A short film on the Råna project can be watched here.
Råna project geology and historic workings (Source: www.emxroyalty.com)
