Golden Predator Provides Update on Arizona Gold Transaction
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Golden Predator Provides Update on Arizona Gold
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Golden Predator to acquire Viva Gold, build ‘premier junior gold producer’ March 3, 2021
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Golden Predator Mining (TSXV: GPY) has entered into a definitive arrangement agreement to acquire
Viva Gold (TSXV: VAU). This transaction would bring together Golden Predator’s past-producing Brewery Creek mine, 55 km from Dawson City in the Yukon, with Viva’s Tonopah gold project in Nevada. Both development assets feature near-surface resources that appear to be suitable for heap leach extraction.
“This transaction brings together all of the key ingredients required to build a premier junior gold producer. Two advanced stage gold development projects ready for permitting and development, exploration upside, excellent mining jurisdictions, strong management skillsets, a solid balance sheet, and strong market liquidity,” James Hesketh, president and CEO of Viva Gold, said in a release.