ProactiveInvestors: Black Ridge Mining to launch itself into rare earths with interest in Mongolian project

Black Ridge Mining has entered into an agreement to earn up to an 80% interest in a rare earths project in the Tuv Province, 80 kilometres east of Ulaanbaatar, the capital and largest city in Mongolia. The company will now begin due diligence on the project and work to finalise a definitive agreement to jointly develop the project. To earn its 80% interest, Black Ridge will be expected to spend around $5.5 million over the next three years and make a final payment of $750,000 to the vendors. To read the full article, click hereBlack Ridge Mining to launch itself into rare earths with interest in Mongolian project

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