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The latest announcement is out from Satori Resources ( (TSE:CGC) ).
Canadian Gold Corp. has received a $300,000 grant from the Manitoba Mineral Development Fund, bringing the total grants received to $900,000 since 2023. This funding has been pivotal in advancing the Tartan Mine project, which has seen significant exploration and development progress. The company is in the process of being acquired by McEwen Inc., which plans further investment in the Tartan Mine, including extensive drilling and economic assessments in 2026. The support from MMDF and tax incentives make Manitoba a favorable location for mineral exploration.
More about Satori Resources
Canadian Gold Corp. is a Canadian-based mineral exploration and development company focused on expanding the high-grade gold resource at the Tartan Mine in Flin Flon, Manitoba. The company also holds exploration properties in Ontario and Quebec near major gold mines and projects. McEwen Inc. holds a significant interest in Canadian Gold.
Average Trading Volume: 744,696
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$113.7M
For detailed information about CGC stock, go to TipRanks’ Stock Analysis page.