CleanAirMetals (TSXV: AIR) is an exploration company based in Thunder Bay, ON, Canada. Its projects focus on a variety of precious metals including platinum, palladium, copper, and nickel. The CEO and Director, Mr. Abraham Drost pointed out that besides creating value for shareholders, implementing high standards for the management of Health, Safety and the Environment, is also a top priority in Clean Air Metals’ playbook. For the latest information on mining companies, please subscribe to our channel.
Learn about Clean Air Metals (TSXV: AIR) on Company Website
Clean Air Metals’ flagship asset is the 100% owned, high grade Thunder Bay North Project, a platinum, palladium, copper, nickel project located near the City of Thunder Bay, Ontario and the Lac des Iles Mine owned by Impala Platinum. The Thunder Bay North Project hosts the twin magma conduit bodies which host the Current and Escape deposits forming the basis for a robust preliminary economic assessment PEA) filed January 12, 2002. The PEA of a ramp access underground mine and on-site 3600tpd milling complex and the 2-year trailing average price deck, features a pretax NPV5 of C$425m and an IRR of 31% on initial capital of $378m over a 10-year mine life.
NAI500 covered the leading mining opportunities at this year’s PDAC, the world’s largest annual mining conference, to find the most interesting opportunities for investors.