Clean Air Metals prepares to pump $12.5 million into the ground to grow the size of its palladium deposits
The aspiring builders of a palladium mine near Thunder Bay have raised $12.5 million to fund more exploration on growing mineral resource.
Clean Air Metals announced Feb. 23 that it closed the private placement which is earmarked to do exploration drilling on its 29,000-hectare property, 50 kilometres north of the city.
Michael Gentile, considered a leading strategic investor in the junior mining sector, bought in for $1.65 million.
Read the full story from Northern Ontario Business HERE
