CuMo Mining Proceeds to Secure New Investor

The Idaho CuMo Mining Corporation is moving forward with a new investor. According to the Canadian based company, the project has created quite a stir in the market of investors. The terms reached with the Chinese company, back in November of 2016, has defaulted. However, another company based in Singapore and Jakarta, Millennia Minerals, is now funding the project with approximately $1.5 million invested since June of 2016.
Trevor Burns, Chief Financial Officer & Director, is encouraged by this new venture and expects that the company will move forward with test drilling this summer. He says there is a benefit in working with this company. They have extensive knowledge in mining, but they also speak the same engineering language. Their ideas for production are more similar than those...

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