80 Mile today announces an update on its JV agreement (RNS 3.11.2025) with USFM Corporation. USFM can earn 51% in the Disko-Nuussuaq exploration licences in Greenland by spending $30m. Today drilling permits have been received and 80 Mile plans to engage Forage Fusion drilling for an initial 5,000m drilling programme and has appointed SRK to be project manager of the programme. The deal will see 80M as the operator, receive $0.5m upfront and 10% of all expenditure as a management fee. As a remi ....
