It's outstanding news...
NIU to increase ownership of Eddie Creek to 100% -- payable ONLY in two years..
Remember it was Eddie Creek where NIU intersected 48m @ 1.72 g/t from surface.. inc. 3.2m @ 16.75 g/t and 1.3m @ 32 g/t
This will no doubt constitute a major part of the mill-feed.. upgraded to expand 6 fold from production last yr.
A great deal for NIU shareholders imo.. now to get some consistency in creased throughput and higher gold/silver production.
A lot to look forward to this quarter.. what's done is done..!!
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News: NIU Niuminco Group to purchase remaining 17% Edie Creek Mine Interest, page-4
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