Nickel North Exploration (TSE:NNX) has released an update.
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Nickel North Exploration Corp. has signed a significant Letter of Intent with 1844 Resources Inc., offering the latter an option to acquire 100% of the Hawk Ridge Ni-Cu-PGM project over five years with over $9 million in combined cash, shares, and exploration commitments. The deal reflects the project’s potential, highlighted by its proximity to major North American nickel mines, and includes a 2% Net Smelter Returns Royalty for Nickel North after full acquisition.
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