Kinterra Copper Hosts Informational Meeting

It is no big secret that Kinterra Copper USA has bought Highland Copper’s interest in what was to be their White Pine North mine project, but Highland will continue developing their own mining venture over in N.E. Gogebic County, known as the Copperwood. Kinterra purchased Highland’s 34% interest in White Pine for the sum of $30 million. These proceeds are expected to fund the activities required to advance the Copperwood Project to a construction decision. This transaction will allow the Highland to eliminate its existing debt, and reduce future interest obligations.