The sale of Ring of Fire explorer Noront Resources to Wyloo Metals of Australia is about a week away from being finalized.
While the Perth-based mining company has imposed a news blackout on all things related to its newly acquired James Bay mineral interests until the transaction closes on April 7, it didn’t stop Wyloo’s top executive from swooping into Thunder Bay last week for a brief visit.
Wyloo CEO Luca Giacovazzi circulated around town for a series of low-key meetings with some high-profile movers and shakers in the city. Toronto-based Noront also maintains an office for its geology team in an inner city industrial park.