URL Source: The deal will make Agnico Eagle Barsele Minerals largest shareholder.
Barsele Minerals Corp. (BME:TSX.V) just announced that it has signed a nonbinding letter of intent to acquire Agnico Eagle s 55% indirect share of the Barsele project located in northern Sweden. Barsele already controls 45% of the project.
The project is located at the western end of the Proterozoic Skellefte Trend, a volcanogenic massive sulphide deposit belt, that host polymetallic and orogenic gold deposits. The opportunity to acquire a 100% controlling interest in the Barsele Project represents a tremendous milestone for Barsele, said Gary Cope, president, CEO and a director of Barsele, commented. We plan to significantly increase the drilling activity on the project with the goal of growing the current mineral resource estimates. We are excited to start a new chapter in the development of the Barsele Project and are thankful to our joint venture partner Agnico Eagle fo
Barsele Minerals Corp. – (TSXV: BME) (the
Company or
LOI ) with Agnico Eagle Mines Limited (
Agnico Eagle ) to acquire Agnico Eagle s indirect 55% interest in the Barsele Project (the
Proposed Transaction ). The Company currently holds the remaining 45% interest in the Barsele Project and upon completion of the Proposed Transaction, would consolidate control of the Barsele Project. The completion of the Proposed Transaction will be governed by the terms of a definitive agreement to be entered into between Barsele and Agnico Eagle.
Gary Cope, President, CEO and a director of the Company commented, The opportunity to acquire a 100% controlling interest in the Barsele Project represents a tremendous milestone for Barsele. We plan to significantly increase the drilling activity on the project with the goal of growing the current mineral resource estimates. We are excited to start a new chapter in the development of the Barsele Project and are thankful to our joint
Dr. Robert Strang, Nova Scotia’s Chief Medical Officer of Health (Government of Nova Scotia photo)
virtual ceremonies. The University awarded degrees and diplomas to more than 900 graduates
The University also presented two honourary degrees. One of the recipients is the Province’s Chief Medical Officer of Health, Dr. Robert Strang, a position he has held since 2007. Strang has become a household name in the past year, featured in regular briefings in the province’s response to the COVID-19 pandemic.
In his message to the graduates, Strang says the pandemic has demonstrated how connected we are at a global level; how something half-way around the world can impact us in Nova Scotia.
St. FX University will confer degrees and diplomas to more than 900 students at Spring Convocation on Friday. The university had planned a virtual convocation last weekend, but it was forced to postpone it because of changes to indoor gathering limits. St. FX President Andy Hakin says the university has found a solution that complies […]
There are 182 new cases of COVID-19 in Nova Scotia. That is the highest single day total of new cases since the pandemic began. Provincial Health and Wellness department officials say there are 155 cases in Central Zone, 16 in Eastern Zone, seven in Northern Zone and four in Western Zone. Two of the cases […]
Xaverian Farewell ceremony 2021; photo courtesy StFX
More than 940 StFX students graduate Friday.
They’ll receive degrees and diplomas as part of a pair of virtual ceremonies with pre-recorded aspects.
University officials planned to hold spring convocation May 2, but had to suddenly pivot to comply with the latest provincial public health restrictions, including gathering limits.
One ceremony gets underway at 2 p.m.; the other starts at 5 p.m.
Dr. Robert Strang, the province’s chief medical officer of health, and Sean Boyd, a mining industry executive and former member of the StFX board of governors, will receive honourary degrees during the ceremonies.