Under the deal, a company controlled by Eric Sprott, acquired around 5 million units for a total consideration of C$10 million.

The company announced the closure on July 6 after a contract employee at the mine suddenly died.

The Record of Decision approves the development of the “A” route, which is to be a 211-mile-long gravel private access road.

The campaign in Manitoba will complete up to 1,500m of drilling at the project to test two newly identified Borehole Pulse Electromagnetic anomalies.

Company to cut costs and jobs as its seeks to weather a slump in raw materials prices exacerbated by the coronavirus pandemic.

Mining and milling operations were suspended on June 25 after 19 workers tested positive for covid-19.