Agoracom Blog Home

Posts Tagged ‘#Location’

$NSM.ca Northern Sphere Mining Corp. Announces Purchase of the Scadding and Arizona Interests from Joint Venture Partner $FCX

Posted by AGORACOM-Eric at 9:42 AM on Friday, September 14th, 2018

https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564605/hub/NSM.png

  • Acquired remaining 20% ownership in Scadding and Black Diamond
  • NSM now controls 100% of each property making them each more attractive for investment
  • NSM has complete control over both projects
  • Black Diamond in Arizona site of exceptional multi-element soil geochemisty results

Toronto, Ontario–(Newsfile Corp. – September 14, 2018) – Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF) (“Northern Sphere” or the “Company”) is pleased to announce that it has acquired for nominal consideration Trueclaim Exploration Inc.’s (TSXV: TRM) remaining 20% interest in the joint ventures for the mineral property located in Scadding, Ontario and in Globe, Arizona.

“This is a meaningful acquisition for Northern Sphere. We believe that the projects at our Scadding and Arizona properties have a great deal of potential,” says A. John Carter, Chief Executive Officer of Northern Sphere. “As a result of this acquisition, we now have complete control over these projects and we are better positioned to move them forward.”

About Northern Sphere Mining Corp.

Northern Sphere is dedicated to growth through the acquisition and development of mining assets with an emphasis on gold, silver and copper. In efforts to expedite and optimize mineral targeting on its assets, the Company is employing cutting-edge exploration technologies to generate robust mining projects. Headquartered in Toronto, Ontario, Northern Sphere has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.

Cautionary Statements

This press release contains forward-looking statements which reflect Northern Sphere’s current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Northern Sphere disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.

For further information, please contact:

A. John Carter
Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843