York Harbour Metals Partners with Firetail Resources

York Harbour Metals Inc (TSE:YORK) has released an update.

York Harbour Metals Inc. has entered into an option agreement with Australian-based Firetail Resources, allowing Firetail to earn up to an 80% interest in York Harbour’s Copper-Zinc-Silver Project in Newfoundland and Labrador. Firetail’s commitment to the project includes $500,000 AUD, 175 million shares, and a 10-kilometer drilling program over three years. The transaction, which is still subject to regulatory approval, reflects York Harbour’s confidence in Firetail’s ability to advance the project swiftly.

For further insights into TSE:YORK stock, check out TipRanks’ Stock Analysis page.