Arian Resources Corp. (TSXV:ARC) acquired the past producing, high-grade Perlat copper-gold-silver-cobalt mine in Albania. The 290 hectare Perlat project is permitted for 25 years, with a 10-year renewal options, and contains a significant, high grade historic resource.
According to the company’s press release:
The Perlat exploitation permit lies within the productive Mirditë and Pukë Districts in northern Albania and is located 80 kilometres north of the capital Tirana. The Perlat permit is easily accessed by an 18 kilometre road from the town of Rreshen. Power and water are readily available throughout the property.