Pilot Gold to Buy Nevada Clean Magnesium’s Griffin Property
Nevada Clean Magnesium Inc. (TSXV:NVM) announced that it has entered an agreement to sell its Griffin gold property to Pilot Gold Inc. (TSX:PLG).
Nevada Clean Magnesium Inc. (TSXV:NVM) announced that it has entered an agreement to sell its Griffin gold property to Pilot Gold Inc. (TSX:PLG).
As quoted in the press release:
The Griffon Gold property consists of 186 unpatented lode mining claims located 45 miles southeast of Ely, Nevada within the Humbolt-Toiyabe National Forest in White Pine County, which is situated in the southern portion of the Battle Mountain-Eureka gold trend of Nevada. Pilot Gold had been earning a 60% interest in the property from a subsidiary of the Company.
The purchase agreement is comprised of a one-time payment of 180,000 Pilot Gold common shares to NevadaCMI. The Pilot Gold common shares are subject to the mandatory hold period as defined by the Toronto Stock Exchange. The Griffon Gold property remains subject to a 2% NSR due to the original vendors of the property.
Click here to read the full Nevada Clean Magnesium Inc. (TSXV:NVM) press release.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1753.95 | -4.40 | |
Silver | 19.28 | -0.24 | |
Copper | 3.63 | -0.01 | |
Palladium | 2144.00 | +2.00 | |
Platinum | 906.50 | -4.50 | |
Oil | 90.15 | -0.35 | |
Heating Oil | 3.57 | -0.03 | |
Natural Gas | 9.12 | -0.07 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured {{ post.primary_section_name }} Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â