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The latest update is out from AuQ Gold Mining ( (TSE:AUQ) ).
AuQ Gold Mining Inc. has successfully completed the acquisition of the Bellechasse Timmins project in Quebec, which includes six claims covering 351.94 hectares. The project is strategically located in a top-ranked mining jurisdiction, enhancing AuQ’s operational capabilities and potential resource base. The acquisition terms include a mix of cash and shares, with vendors retaining a 1% NSR gold royalty, which AuQ can purchase. This acquisition strengthens AuQ’s position in the gold mining sector, potentially increasing its resource estimates and offering growth opportunities for stakeholders.
More about AuQ Gold Mining
AuQ Gold Mining Inc. operates in the mining industry, focusing on the exploration and development of gold resources. The company is involved in acquiring and managing mining projects, with a market focus on expanding its portfolio of gold deposits.
Average Trading Volume: 23,931
Technical Sentiment Signal: Buy
Current Market Cap: C$4.59M
For a thorough assessment of AUQ stock, go to TipRanks’ Stock Analysis page.