Bonanza Mining Corporation (TSE:BNZ) has released an update.
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.
Bonanza Mining Corporation expands its territory within the prolific Golden Triangle by acquiring a 100% interest in three new mineral claims adjacent to its MC Property, aiming to broaden the exploration potential of the region. The deal, awaiting TSX Venture Exchange approval, involves a mix of cash, common shares, and a retained net smelter royalty for the vendor. This strategic move increases Bonanza’s holdings by 777.05 hectares, consolidating its footprint in a key mining area of northwestern British Columbia.
For further insights into TSE:BNZ stock, check out TipRanks’ Stock Analysis page.