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Junior miner on property acquisition binge

from Northern Ontario Business

A junior miner searching for cobalt in northeastern Ontario has acquired 800 hectares of prospective property in the Temagami area. Cobalt Power Group recently announced that it has acquired the Blueberry Lake group of claims in Cassels Township from an undisclosed vendor for $94,000, who is retaining a 2.5 per cent net smelter royalty. The property is located nine kilometres east of the town of Temagami, 35 kilometres south of the town of Cobalt. more


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