Kingsrose Mining announced the exercise of an option agreement with Viad Royalties AB, a wholly owned EMX subsidiary, to further consolidate its Råna Nickel project. By exercising the option, Kingsrose has acquired 100% interest in the tenure that can be retained by providing EMX with a 2.5% NSR, annual exploration expenditures, the payment of advanced royalties as well as different milestone payments.
Råna project tenement situation (Source: www.kingsrosemining.com)
