Krait Critical Minerals Secures Option to Acquire 100% of Dixon Tungsten-Manganese Project in Nevada

Bitget2026/11/03 06:02

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Krait Critical Minerals secured an exclusive option from Cannon Bridge Mining Services to acquire 100% of Nevada's Dixon tungsten-manganese project.
Cash consideration totals USD 120,000, payable in six installments from December 22, 2026, through March 22, 2029.
Cannon Bridge or its permitted assigns will retain a 2% net smelter return royalty upon completion.
A one-time buyback right allows repurchase of 1.5% of the royalty for USD 1 million, leaving an unreducible 0.5% royalty.
The project comprises six contiguous mining claims approximately 13 kilometers east of Carson City, expanding the buyer's portfolio into tungsten and manganese.

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. Krait Critical Minerals Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202611030100NEWSFILECNPR____20261103_322228_1) on November 03, 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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Krait Critical Minerals Secures Option to Acquire 100% of Dixon Tungsten-Manganese Project in Nevada

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