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Strategic Energy Resources (ASX:SER) to buy QLD project from Newcrest Mining (ASX:NCM)
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Strategic Energy Resources (SER) has signed an agreement with Newcrest Mining (NCM) to acquire the Isa North Copper-Gold Project in Queensland
The project comprises three exploration licences and is highly prospective for iron oxide copper-gold (IOGC) mineralisation
Strategic Energy will purchase 100 per cent of the project, and Newcrest will retain a first right of refusal to any future transaction and a one per cent net smelter royalty for up to 10 years of production
Once the project is officially transferred, the company will begin land access negotiations while it refines drill targets
News Update
Streetwise Reports (1/19/21) Newrange Gold reported it has completed the sales of its assets in Colombia and will utilize the proceeds to fund development at its Ontario and Nevada operations.
In a news release, Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced that it has exercised its option to acquire a 100% interest in the H Lake Property, which forms the western portion of its North Birch Project east of Red Lake, Ontario.
Newrange Gold advised that as stipulated in the terms of the option agreement it entered into on January 13, 2020, with Bounty Gold Corp. it has paid a total of $50,000 in cash and issued 400,000 shares for a 100% interest in H Lake, subject to a 2% net smelter returns (NSR) royalty.
Newrange Concludes Sales of Colombian Assets and Advances Property Options for North Birch Project
TSXV:NRG ) Newrange Gold Corp. is pleased to provide the following corporate update The Company has exercised its option to acquire a 100% interest in the H Lake Property, which forms the western portion of its North Birch Project east of Red Lake, Ontario. Pursuant to the Option Agreement signed with Bounty Gold Corp. on January 13, 2020, Newrange has paid a total of $50,000 in cash and issued 400,000 shares for … (TheNewswire)
TSXV:NRG ) (OTC: NRGOF ) ( Frankfurt:X6C) Newrange Gold Corp. (” Newrange ” or the “ Company “) is pleased to provide the following corporate update