Avira Resources Signs earn-in agreement for Swedish nickel-copper-cobalt project
- Minerals exploration company Avira Resources (AVW) is set to earn a majority stake in the Puolalaki project in Sweden through a deal with the project’s current owners
- Through a binding heads of agreement, AVW can earn an 80 per cent interest in the project by spending $2.4 million on exploration over three stages
- While the project is prospective for nickel-copper and cobalt, historic drilling also uncovered two high-grade gold zones
- AVW Executive Director David DeLoub says the project is located in a well-established minerals province with first-class infrastructure and technical support from locally-based partners
- Company shares are trading 33.3 per cent higher at 0.4 cents at 1:21 pm AEDT
