Vancouver, British Columbia--(Newsfile Corp. - November 9, 2023) - Avante Mining Corp. (TSXV: AVA) (OTC Pink: ACPRF) (FSE: P210) ("Avante" or the "Company"), a Canadian nickel-focused exploration company, is pleased to announce that it has entered into an option agreement dated November 7, 2023 (the "Option Agreement") with SSAF Collective, an arm's length optionor group to the Company (the "Optionor"), whereby the Optionor has granted the Company the right to acquire a 100% undivided legal and beneficial interest in nine (9) mineral licenses consisting of 161 mineral claims located in central Newfoundland (the "Pipestone Project" or the "Property").
Project Highlights:
The Pipestone Project consists of 161 claims encompassing 40.25 square kilometres of ground;
Out-cropping awaruite (Ni3Fe) is an environmentally friendly, low sulfide, nickel-iron alloy that can be direct smelted in the stainless-steel making process;
Awaruite is a green metal for a low carbon world;
Good infrastructure with existing road access extending onto the Property and a hydroelectric generating station located 20km south of the Property;
Exploration work at the Property will start this fall/winter.
Pipestone Project history. see & read more on
https://www.newsfilecorp.com/release/186763/Avante-Mining-Announces-Option-Agreement-to-Acquire-Pipestone-Awaruite-Property |