Premier Gold Mines buys land adjacent to South Arturo
Ontario-headquartered Premier Gold Mines has entered into an option agreement to acquire a land package adjoining its 40%-owned South Arturo property in Nevada, US.
The Rodeo Creek property is a 206 ha land package, consisting of 31 unpatented claims in the Carlin Trend, where Premier has partnered with major Barrick Gold on the South Arturo project.
"This acquisition is consistent with Premier's strategy of growing land positions in the heart of prolific gold districts," stated president and CEO Ewan Downie. "The Rodeo Creek Property has seen little exploration compared to the rest of the Carlin Trend and we are excited to get to work on this project.”
Over a five-year period, the company will make payments totalling $500 000 to Ely Gold Royalties, which will retain a 2% net smelter royalty.
Meanwhile, Premier said that executive VP for development, Americas, Charlie Ronkos, had resigned.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation