North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Pebble Partnership copper gold molybdenum mine project Alaska Northern Dynasty NAK NDM

By Shane Lasley
Mining News 

Juniors seek merger to explore Niblack

Niblack, Committee Bay say combination would benefit both companies; union would put Southeast Alaska VMS project on fast-track

 

Last updated 6/29/2008 at Noon



Two Vancouver B.C.-based explorers, Committee Bay Resources Ltd. and Niblack Mining Corp., have agreed to join forces. The companies have penned an initial agreement in which Committee Bay would acquire all of Niblack's securities in a one-to-one swap.

Committee Bay is also investigating the possibility of advancing C$10 million to fund exploration and development of Niblack's gold-silver-copp...



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