• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login

    Investing News NetworkYour trusted source for investing success

    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    GoldMining Completed Indirect Acquisition of Narrow Lake Property

    Nicole Rashotte
    May. 14, 2018 06:34AM PST
    Precious Metals

    GoldMining Inc. (TSXV:GOLD) announced that, further to its news release dated April 26, 2018, the company has completed its indirect acquisition of the Narrow Lake property.  The property includes the N1 and N2 claims, which cover a total area of 618 hectares and are contiguous with the southern boundary of the company’s Nicholas Lake-Ormsby property, one of the four …

    GoldMining Inc. (TSXV:GOLD) announced that, further to its news release dated April 26, 2018, the company has completed its indirect acquisition of the Narrow Lake property.  The property includes the N1 and N2 claims, which cover a total area of 618 hectares and are contiguous with the southern boundary of the company’s Nicholas Lake-Ormsby property, one of the four properties that comprise the Yellowknife Gold project (YGP), which the company acquired in July 2017.  With the acquisition of the property, the YGP now has an expanded total area of 12,120 hectares.

    As quoted in the press release:

    Pursuant to the Agreement, GoldMining paid US$50,000 in cash and issued 33,333 common shares of the company to the vendor in consideration for the property.  An additional US$100,000, payable in cash or common shares of the company, at the company’s discretion, will be due on the first anniversary of the closing date.

    GoldMining granted the vendor a 1 percent net smelter royalty with respect to the N1 and N2 claims upon commercial production.

    Click here to read the full GoldMining Inc. (TSXV:GOLD) press release.

    gold investing
    The Conversation (0)
    Go Deeper
    AI Powered
    Power Nickel Discovers Two New High-Grade Gold Zones at It's Golden Triangle Project, Stewart, BC, Canada

    Power Nickel Discovers Two New High-Grade Gold Zones at It's Golden Triangle Project, Stewart, BC, Canada

    New Break Resources

    New Break Acquires Gold-Mineralized Esker Claim in Kivalliq Region, Nunavut

    Latest News

    Sranan Gold: Unlocking Suriname’s Next Multi-Million-Ounce Discovery in the Guiana Shield

    Angkor Resources Meets Ministry To Expand Boundary Of Oil & Gas Block VIII, Cambodia

    Vertex Minerals Limited Capital Raising Update

    Maiden Mt Boppy Open Pit Ore Reserve

    Encouraging Drilling Results at BD & BST

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Stocks

    Sranan Gold

     
    SRAN:CC

    LaFleur Minerals

     
    LFLR:CNX

    Pacgold

     
    PGO:AU

    CuFe Limited

     
    CUF:AU

    Surface Metals

     
    SUR:CC

    Maritime Resources

     
    MAE:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×