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Pele Mountain sells uranium project to focus on lithium


A plan by Pele Mountain Resources to mine uranium in northern Ontario while at the same time processing rare earths has fizzled. The Toronto-based junior said earlier this month that it sold its flagship Eco Ridge uranium property at Elliott Lake, ON, to privately-held Enirgi Group. The six-division conglomerate is developing a lithium brine project at the Salar del Rincon in the province of Salta, Argentina. more

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