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Apogee Minerals Drops Pine Channel Option to Focus on May Lake Project

Story Highlights
  • Apogee Minerals has terminated its option on the Pine Channel Gold Project, retaining no further interest.
  • The company is centering its exploration strategy on its 100%-owned May Lake Project with strong VMS and gold potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Apogee Minerals Drops Pine Channel Option to Focus on May Lake Project

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Apogee Minerals Ltd ( (TSE:APMI) ) has issued an announcement.

Apogee Minerals Ltd. has elected to terminate its option agreement with Eagle Plains Resources Ltd. on the Pine Channel Gold Project in Saskatchewan, effective December 17, 2025, and will retain no further interest in the property. The decision leaves Apogee focused on its wholly owned May Lake Project in the La Ronge Belt, where limited historical exploration and existing anomalous copper, zinc, gold and silver showings suggest ongoing potential for new volcanogenic massive sulphide and orogenic gold discoveries, shaping the company’s exploration strategy and asset portfolio going forward.

More about Apogee Minerals Ltd

Apogee Minerals Ltd. is a mineral exploration company focused on acquiring, advancing and discovering mineral projects. The company currently owns a 100% interest in the May Lake Project in northern Saskatchewan’s La Ronge Belt, an under-explored area prospective for volcanogenic massive sulphide (Cu-Zn-Pb) and orogenic gold mineralization, underpinned by diverse volcanic and intrusive rock units hosting several known mineral occurrences.

Average Trading Volume: 18,666

Technical Sentiment Signal: Buy

Current Market Cap: C$1.21M

See more data about APMI stock on TipRanks’ Stock Analysis page.

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