African Energy Metals to acquire Whiskey Cobalt Mining’s stake in Manono project
Published on: Thursday 03 March 2022
TSX-V-listed African Energy Metals has acquired Whiskey Cobalt Mining’s (WCM’s) interest in the Manono tin, tantalum and lithium project, in the prolific Manono area in the Tanganyika province of southeast Democratic Republic of Congo.
The disposal by WCM of the project, comprising an exploitation permit covering about 30 km2, will involve WCM assigning African Energy Metals an exclusive option agreement with Liberty Mining and Investments to enter both parties into a 50:50 joint venture on the project.
