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
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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-coppe...
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