Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Mineral Mountain Resources ( (TSE:BLDS) ) has issued an update.
Badlands Resources Inc. has entered into an agreement with Firetail Resources Limited, granting Firetail an option to acquire the mineral claims of Badlands’ Bella Project in South Dakota. The agreement allows Firetail a 45-day due diligence period, after which they may exercise the option to acquire the claims, subject to customary closing conditions and regulatory approval. This transaction could potentially impact Badlands’ operations by transferring ownership of a significant project, while Firetail could expand its exploration portfolio in the United States.
More about Mineral Mountain Resources
Badlands Resources Inc. is a gold-focused exploration company operating in the Black Hills, South Dakota. The company has strategically consolidated 7,858 acres near the historic Homestake Mine, which produced 42 million ounces of gold. Badlands is focused on exploring the near-surface potential of the Bella Project, which features over 90% of exposed Banded Iron Formation not covered by sampling.
Average Trading Volume: 16,558
Technical Sentiment Signal: Sell
Current Market Cap: C$2.35M
Learn more about BLDS stock on TipRanks’ Stock Analysis page.