Kingsrose Mining Ltd (AU:KRM) has released an update.
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Kingsrose Mining Ltd has received final approval from the Norwegian authorities to commence drilling at the Karenhaugen prospect within the Porsanger project in Finnmark County. This decision, which is considered definitive, allows the company to explore potential nickel-copper-PGE mineralization in collaboration with BHP, which is funding up to $20 million in exploration costs. The project marks a significant step in Kingsrose’s strategic efforts to unlock mineral potential while engaging responsibly with local communities.
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