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Eastern Zinc to buy Greenland precious metals project

After 15 years in its hands, Platina Resources is divesting the Skaergaard palladium and gold project in Greenland for shares and cash.

Michael Quinn
Skaergaard in Greenland

Skaergaard in Greenland

The A$8.3 million transaction with Canadian company Eastern Zinc Corp will see Platina receive C$500,000 cash and $7.15 million worth of Eastern's shares. Platina has spent about A$16 million at Skaergaard...

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