Independence Resources Plc (SNKTY) Acquires 70% of Veteran Mining Contractor/Trainer in an Industry Plagued by Lack of Experienced Miners
Independence Resources, which moved into the mineral/natural resources sector back in 2010 and has since aggressively assembled a solid project footprint focused largely on their Iron Creek project (copper-cobalt with an additional gold target) in Idaho (near the town of Salmon) and the Gray Eagle Mine project (copper and gold) up in Northern California, reported the acquisition today of 70% of eminent, Pacific Northwest veteran mining shop, Coeur d'Alene Mine Contracting LLC (CDA Mine Contracting). SNKTY will issue 2M shares of common stock in conjunction with the acquisition, paying $200k in cash for the transaction, and obtaining 100% ownership of…