Skip to content.

Heatherdale Resources completes acquisition of Niblack Mineral Development

Date Closed

January 18, 2012

Lead Office

Vancouver

On January 18, 2012, Heatherdale Resources Ltd. announced the successful completion, by court-approved plan of arrangement, of the acquisition of Niblack Mineral Development Inc. Heatherdale has acquired all the outstanding common shares of Niblack in exchange for the issuance of 19,221,578 Heatherdale common shares, and now holds a 100% interest in the Niblack copper-gold-zinc-silver project located in southeast Alaska, USA.

Heatherdale Resources, based in Vancouver, British Columbia, is an exploration and development company focused on advancing the high-grade mine development opportunity at the Niblack Project.
 
Niblack's location at tidewater on Prince of Wales Island in southeast Alaska presents a number of project benefits, including year-round marine access, a well-trained labour force, a mature supply and service sector, proximity to Asian markets, and the support of community and Alaska Native corporation partners.

McCarthy Tétrault LLP represented Heatherdale Resources, as acquiror, with a team led by Roger Taplin and including Shawn Doyle and Elicia Salzberg.

People