Ophir Metals signs LOI to acquire BlackFyre copper-nickel-cobalt project in Quebec

Reuters2026/08/10 11:08

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Ophir Metals signed a non-binding LOI to option a 100% interest in the BlackFyre copper-nickel-cobalt project in Quebec.
The property sits about 20 km northwest of Glencore’s Raglan mine complex in the Cape Smith Belt.
The option calls for total consideration of CAD 125,000 in cash, paid over five years.
The deal also includes 6,000,000 shares, reimbursement of CAD 15,768 in claim costs, a 2% net smelter royalty, and a 2,000,000-share drill success bonus.
Ophir plans an initial exploration program using airborne geophysics.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ophir Metals Corp. published the original content used to generate this news brief on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ophir Metals signs LOI to acquire BlackFyre copper-nickel-cobalt project in Quebec

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