17
May
14:22
Pilbara sells non-core asset to Trek Minerals
Pilbara Minerals said Tuesday it has reached a deal to sell a precious and base metals exploration asset owned by its subsidiary Pilgangoora Operations (POPL) to Trek Metals, Kallanish reports.
The spodumene concentrate producer will gain AUD 300,000 ($210,603), payable in Trek shares plus a 2.5% net smelter royalty. The E45/4640 tenement located immediately adjacent to Trek’s Pincunah project is highly prospective for gold. POPL will retain all lithium and…
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