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Tower Property

Tower Property Map

The Property

  • The Tower property is located 50 km from Grand Rapids and is located in the northeast corner of the William Lake property, which is situated in the southern extension of the prolific Thompson Nickel Belt
  • The property is comprised of 35 mining claims
  • On June 2, 2015 Pure Nickel announced it had completed the initial phase of the sale of the Company's 30% interest in the Tower Property to Akuna Minerals Inc., a private company, for a total of $1,500,000. The first phase of the agreement included a cash payment of $1,000,000; these funds have been received by Pure Nickel. In addition, under terms of the Purchase and Sale Agreement, upon achievement of nameplate production as defined in an NI 43-101 feasibility study, Akuna Minerals will make another payment to Pure Nickel of $500,000.