Rusina to work with Geograce on Philippines project
Filed under: Mine - Acoje, Mineral - Chromite, Mineral - Nickel, Mineral - Platinum, Operator - Fil-Asian, Operator - Rusina, Region 03 - Zambales
West Perth-based nickel company Rusina Mining NL has announced plans to explore and develop its Acoje project in the Philippines with Geograce Resources Philippines Inc, after due diligence.
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The full text of a Rusina announcement is pasted below
Rusina Mining NL has made significant steps in selecting its Philippine partner for its Acoje Nickel/Chromite/Platinum Project in the Philippines by entering into a Letter of Intent with Geograce Resources Philippines Inc.
The LOI envisages both Rusina and Geograce to jointly explore and develop various mining projects within the Philippines, satisfying Rusina’s requirement for local Philippine ownership of projects, and having a financially capable partner with known property acquisition potential.
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