Precious Metals

Newmont Corporation (NYSE:NEM, TSX:NGT) has announced an agreement with the Yukon Department of Energy, Mines and Resources (EMR) to relinquish 1,835 quartz mining claims, representing 88,707.5 net mineral acres, in support of Canada's, the Yukon government's and First Nations' efforts to maintain environmentally sensitive areas associated with the Peel Watershed Regional Land Use Plan (‘Peel watershed plan').

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220201006099/en/

Newmont's Coffee Project in Canada's Yukon Territory (Photo: Business Wire)

Newmont's Coffee Project in Canada's Yukon Territory (Photo: Business Wire)

"Newmont's purpose is to create value and improve lives through sustainable and responsible mining. We are pleased to honor that purpose by surrendering these mining claims in support of broader environmental objectives," said Tom Palmer, President and Chief Executive Officer. "We are supportive of the Peel watershed plan and are doing our part to maintain this sensitive area. I congratulate all parties in their shared effort to protect the Peel River Watershed."

"We are working together with First Nations to implement the regional land use plan for the Peel watershed that reflects our shared values," said John Streicker, Minister of Energy, Mines and Resources. "We are pleased to see this next step taking place. I'd like to thank Newmont for making this land concession and contributing towards the protection of the Peel."

In 2019, the Peel Plan was approved by the Yukon Government and Yukon First Nations including the Tr'ondëk Hwëch'in, the First Nation of Na-Cho Nyäk Dun, Vuntut Gwitchin First Nation and the Gwich'in Tribal Council. The plan provides direction on the management of land and resources in the Peel Watershed. Historical exploration on the claims by Newmont indicated that there is potential for copper and gold mineralization. However, the Company has not been actively exploring the area given the Peel watershed plan and is now surrendering these claims in support of broader community objectives.

Newmont continues to work cooperatively with the Yukon Government, Canada and First Nations to progress development of the Coffee Mine Project. Newmont's Coffee Mine Project is a proposed open-pit and heap leach gold development project located in west-central Yukon, and it currently going through the Yukon Environmental and Socio-economic Assessment Board's screening process.

About Newmont

Newmont is the world's leading gold company and a producer of copper, silver, zinc and lead. The Company's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical expertise. Newmont was founded in 1921 and has been publicly traded since 1925.

At Newmont, our purpose is to create value and improve lives through sustainable and responsible mining. To learn more about Newmont's sustainability strategy and initiatives, visit us at www.newmont.com .

Newmont Media Contact
Courtney Boone 720.695.0039
courtney.boone@newmont.com

Newmont Investor Contact
Daniel Horton
303.837.5468
daniel.horton@newmont.com

News Provided by Business Wire via QuoteMedia

NGT:CA
TSXV:LSX

LaSalle Exploration: Early-stage Precious Metals Exploration in Under-explored Areas of Quebec

LaSalle Exploration Corp. (TSXV:LSX) has launched its campaign on the Investing News Network’s resource channel.

LaSalle Exploration is a diverse resource exploration and development company focused on projects in the province of Quebec. The company is working to evaluate both the Eeyou Istchee James Bay region and under-explored regions of the Abitibi Greenstone Belt. The company owns a strong portfolio of projects including the Radisson gold property, the Blakelock gold-copper property and its recently-acquired Egan gold property.

Keep reading... Show less
NYSE:NEM

Precipitate Gold: Exploring in Prospective Mining Jurisdictions in the Dominican Republic

Precipitate Gold Corp. (TSXV:PRG) has launched its campaign on the Investing News Network’s resource channel.

Precipitate Gold is a mineral exploration company with district-scale strategic land positions in the Dominican Republic. The company is currently advancing its Pueblo Grande and Juan de Herrera projects in the Dominican Republic, where the company is also working to expand its existing portfolio. Precipitate Gold always works to acquire 100 percent of the properties that it owns, ensuring that there are no outstanding vendor payments or working commitments.

Keep reading... Show less
FRA:29W

White Gold Featured in the Mining Journal

White Gold Corp. (TSXV:WGO,OTC:WHGOF,FRA:29W) has been featured in a sponsored article published by the Mining Journal.

The article covered recent results from White Gold’s 2019 exploration program which is comprised of 17,000 meters of diamond drilling, 7,500 meters of reverse circulation drilling and upcoming drill plans. To date, White Gold has identified multiple new high-grade mineralization trends across its JP Ross project and White Gold project in the Yukon’s White Gold district. The new trends were all delineated within 10 kilometers away from last year’s Vertigo discovery area. One of White Gold’s goals this summer is to add more ounces to the VG zone on the company’s QV project, which sits 44 kilometers north of Newmont Goldcorp’s (TSX:NGT,NYSE:NEM) Coffee project.

Keep reading... Show less

New to the Investing News Network

New to the Investing News Network – August 2021

Keep reading... Show less
Tempus Resources

Tempus Resources receives DTC eligibility in U.S.

Tempus Resources Ltd ("Tempus" or the "Company") (ASX:TMR), (TSXV:TMRR), (OTCQB:TMRFF)(ASX:TMR), (TSXV:TMRR), (OTCQB:TMRFF) is pleased to announce that in relation to its US-based OTC Markets listing under the symbol "TMRFF", it has now received confirmation from the Depository Trust Company ("DTC") that its common shares are now eligible for electronic clearing and settlement through the DTC in the United States.

Tempus Resources President and CEO, Jason Bahnsen, commented "DTC eligibility is a key step in the development of our shareholder base and market presence across the United States. It allows current and prospective shareholders of Tempus Resources a reliable, cost-efficient, and timely method for clearing and settlement of our common shares and positions US investors to participate in the growth of the Company's Americas-based asset suite."

Keep reading... Show less

B2Gold Corp. to Acquire Oklo Resources Limited and its Extensive Land Package near the Fekola Mine

B2Gold Corp. (TSX: BTO), (NYSE AMERICAN: BTG), (NSX: B2G) (" B2Gold ") is pleased to announce that it has entered into a definitive Scheme Implementation Agreement (" Agreement ") with Oklo Resources Limited (ASX: OKU) (" Oklo ") pursuant to which B2Gold has agreed to acquire 100% of the fully paid ordinary shares of Oklo (the " Oklo Shares ") in consideration for 0.0206 of a common share of B2Gold (each whole share, a " B2Gold Share ") and A$0.0525 in cash for each Oklo Share held (" Scheme Consideration "). The Scheme Consideration represents a purchase price of approximately A$0.1725 for each Oklo Share and values the transaction at approximately A$91.3 million (including up to approximately A$27.4 million cash consideration). The transaction as contemplated by the Agreement (the " Transaction ") will be implemented by way of a scheme of arrangement pursuant to Part 5.1 of the Australian Corporations Act 2001 (Cth) (" Scheme "). Upon implementation of the Scheme, in addition to the cash consideration, B2Gold expects to issue up to 10,754,284 B2Gold Shares to Oklo shareholders, representing approximately 1% of the B2Gold Shares on an undiluted basis.

The acquisition of Oklo is expected to provide B2Gold with an additional landholding of 1,405 km 2 covering highly prospective greenstone belts in Mali , West Africa , including Oklo's flagship Dandoko Project (550 km 2 ). The Oklo properties are located on a subparallel, north-trending structure east of the prolific Senegal-Mali Shear Zone, approximately 25 kilometres from the Fekola Mine and approximately 25 kilometres from the Anaconda area, where B2Gold is currently conducting a 2022 Mali drill program of approximately 225,000 metres of drilling with a budget of US$35.5 million .

Keep reading... Show less