NA Proactive news snapshot: Snowline Gold, Endeavour Mining, Playgon Games, KULR Technology Group UPDATE …
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Snowline Gold Corp (CSE:SGD) (OTCPINK:SNWGF) has said that it will initiate a fully funded 2021 exploration program in the first week of June at its flagship Einarson and Rogue projects in Yukon’s metal-rich Selwyn Basin, in Canada. The Yukon territory-focused gold exploration company said that discovery-stage drilling at Einarson and Rogue is designed to follow up multiple zones of high-grade gold found on surface, which included up to 34 grams per metric ton (g/t) of gold at Einarson, and up to 152 g/t gold at Rogue. “Geological programmes will also include the assessment of structural and lithological controls on mineralization in the region,” said the company.
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Research Report
Streetwise Reports (5/25/21) The deal terms, the asset s characteristics and the ways the transaction will benefit Nomad Royalty Company are outlined in a BMO Capital Markets report.
In a May 13 research note, BMO Capital Markets analyst Rene Cartier reported that Nomad Royalty Company Ltd. (NSR:TSX; NSRXF:OTCQX) acquired a 0.28% net smelter returns (NSR) royalty on the Caserones copper-molybdenum mine in Chile for US$23 million in cash and 2 million warrants. The transaction went into effect on May 1, 2021. Overall, we estimate the NSR royalty as accretive to our [net asset value] estimate with resource extensions and exploration representing further upside, the analyst added.
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New York, May 25, 2021 (GLOBE NEWSWIRE) Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:
Esports Entertainment Group Inc (NASDAQ:GMBL) inks deal to acquire Swedish and Spanish-licensed sports betting operator Bethard click here
GoviEx Uranium Inc (CVE:GXU) (OTCQB:GVXXF) begins 13,000 metre drill program at Madaouela ahead of planned feasibility study click here
District Metals Corp (CVE:DMX) (OTC:MKVNF) (FRA:DFPP) discovers high-grade zinc, silver, and gold at its Tomtebo property in Sweden click here
Snowline Gold Corp (CSE:SGD) (OTC:SNWGF) plans to launch fully funded exploration program at its flagship Einarson and Rogue projects in Yukon click here