Canadian Firm Interested In White Pine Mine In Western U.P.
Marquette, MI – (Great Lakes Radio News) – Highland Copper Company Incorporated has entered into a binding letter agreement with Copper Range Company to acquire all rights, title and interest in the White Pine copper project in the western U.P.
The project includes a number of mineral rights and surface rights covering an area of approximately 11,000 acres.
Highland and Copper Range will work towards executing a definitive asset purchase agreement and completing an interim closing by January 31st of 2014 with a final closing by December 31st of 2015.
During the period between the interim and final closing, Highland will have access to White Pine to perform exploration and other activities associated with the potential development of a mine at White Pine.
Highland Copper Company is a Canadian exploration company focused on exploring and developing copper projects on the Keweenaw Peninsula.