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Rio to drill for copper next month at Janice Lake

Rio Tinto (LSE: RIO) has done “exceptional” work to prepare for initial drilling as part of its earn-in to the Janice Lake copper project, according to Forum Energy Metals (TSXV: FMC).

Staff reporter
Forum Energy praises Rio’s “exceptional” preparation for drilling at Janice Lake in Saskatchewan

Forum Energy praises Rio’s “exceptional” preparation for drilling at Janice Lake in Saskatchewan

The major can earn up to 80% of Janice Lake by spending C$30 million (US$22.3 million) on exploration over three years and paying Forum a total of $640,000, under an agreement struck last month. Forum...

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