Niogold Acquires 60% Interest in Malartic

Gold Investing

NioGold Mining Corporation (CVE:NOX) reports that it has acquired a 60% interest in the Malartic H property. The terms included a $25,000 payment to Breakwater and $1.2 million in exploration expenditures. Prior to the delivery of a bankable feasibility study, NioGold may increase its interests by an additional 10%, for a total of 70% interest, upon making […]

NioGold Mining Corporation (TSXV:NOX) reports that it has acquired a 60% interest in the Malartic H property.

The terms included a $25,000 payment to Breakwater and $1.2 million in exploration expenditures. Prior to the delivery of a bankable feasibility study, NioGold may increase its interests by an additional 10%, for a total of 70% interest, upon making a $100,000 payment to Breakwater.

For complete news release, click here.

For Niogold’s company profile, click here.

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The Conversation (2)
jasmine opperman
jasmine opperman
12 Oct, 2011
The correlation between copper theft and copper trade prices cannot be disputed, however, this is but one variable to take into account. As first flag of engagement in the illegal copper trade, opportunity criminals regard copper theft as substance matter to gain financial gain. Irrespective of market demands, some SMDs will purchase such content and simply withold further trade processes until such time the market provides greater financial reward. As such the illegal trade also impact and influence market trends of supply and demand.
jasmine opperman
jasmine opperman
12 Oct, 2011
The correlation between copper theft and copper trade prices cannot be disputed, however, this is but one variable to take into account. As first flag of engagement in the illegal copper trade, opportunity criminals regard copper theft as substance matter to gain financial gain. Irrespective of market demands, some SMDs will purchase such content and simply withold further trade processes until such time the market provides greater financial reward. As such the illegal trade also impact and influence market trends of supply and demand.

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