EMX announced the sale of two Nickel-Copper-PGE-Cobalt projects to Kendrick Resources, adding to an existing agreement between the companies. Both, the Njuggtäskliden and Mjövattnet projects are located along or in close vicinity to the so-called Nickel line, south of the Skellefteå area, and are associated with known Nickel sulfide mineralization.
Permitting for drill testing at Mjövattnet has already begun with a maiden drilling campaign expected in late 2023 or early 2024.
Location map of the Njuggtäskliden and Mjövattnet projects (Source: www.emxroyalty.com)
