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Panoramic Resources sells Thunder Bay nickel project for C$9.0 million
(Kitco News) - Panoramic Resources (ASX:PAN) said Friday that it sold its Thunder Bay North PGM Project, situated in northern Ontario, to Clean Air Metals for C$9.0 million (US$6.38 million).
Clean Air Metals is formerly Regency Gold.
In December Panoramic fended off a takeover effort by Independence Group NL.
Panoramic runs the Savannah underground nickel sulphide mine and processing plant, located in the East Kimberley region of Western Australia.
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