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American CuMo Establishes Idaho Corporate to Manage CuMo Project

American CuMo Mining Corporation (MLY.V) has established an Idaho-based corporation named Idaho CuMo Mining Corporation to manage the development of the CuMo Project.

As the CuMo Project moves forward, having an Idaho-based operation and leadership will provide greater access to relevant agencies and nurture state, local and community relationships, the company said in a statement.

"The successful development of the CuMo Project relies on a strong local presence and expert management team based in Idaho. The formation of Idaho CuMo Mining Corporation is the next step in our strategic plan," said Shaun Dykes, CEO.

The company is focused on advancing the CuMo Project towards feasibility and developing a plan for one of the largest and lowest-cost molybdenum producers in the world, as well as a significant producer of copper and silver.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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