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Mineral Mountain Resources ( (TSE:BLDS) ) just unveiled an update.
Badlands Resources Inc. has entered into an agreement to acquire the Goliath Property, an early-stage exploration project in the Kenora Mining Division, Ontario. The property is strategically located in a mineral-rich district, offering potential for copper-gold and nickel-copper sulfide mineralization. The acquisition involves a cash consideration of $200,000 and assumes a 2% net smelter return royalty obligation. This move positions Badlands to potentially benefit from the mineral resources in the region, enhancing its exploration portfolio. Concurrently, the company has terminated its option on the Rett Property in Thunder Bay, Ontario.
More about Mineral Mountain Resources
Average Trading Volume: 18,899
Technical Sentiment Signal: Sell
Current Market Cap: C$2.43M
For detailed information about BLDS stock, go to TipRanks’ Stock Analysis page.