Vega Mining will acquire from the Nisga’a the rights to five existing annual benefit payment entitlements with projects in the Golden Triangle, in exchange for common shares in Vega’s capital.
The program followed up on results from drilling completed in last year’s first quarter, when a new nickel bearing horizon inside the Wine gabbro was discovered.
The results from about 8,730 metres across 52 drill holes were part of Graphite One’s largest exploration program in the company’s history at the Graphite Creek project.