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Hawkmoon Resources ( (TSE:WISE) ) has issued an announcement.
Earthwise Minerals has secured a six-month extension to its option agreement on the Iron Range Project in southeastern British Columbia by issuing 100,000 common shares to Eagle Plains Resources, pushing its first-year commitment deadline to August 26, 2026. The option structure allows Earthwise to earn up to an 80% interest in the project through staged cash payments, share issuances, and CA$4 million in exploration spending, followed by a potential bankable feasibility study, after which a joint venture with Eagle Plains would be formed. With Eagle Plains acting as operator and leveraging its long exploration history on the property, the extension preserves Earthwise’s access to a well-positioned, infrastructure-rich polymetallic and gold project that shares key geological traits with the historic Sullivan Mine, underpinning the asset’s long-term exploration and development potential.
More about Hawkmoon Resources
Earthwise Minerals Corp. is a Canadian mineral exploration company focused on advancing precious and base metal projects, with a particular emphasis on gold and polymetallic systems in British Columbia. Its Iron Range Project targets structurally controlled Ag-Au-Pb-Zn-Cu mineralization within a well-endowed geological belt that benefits from strong regional infrastructure, including rail, highway, power, and proximity to existing smelting facilities.
Average Trading Volume: 64,801
Technical Sentiment Signal: Sell
Current Market Cap: C$857.3K
Learn more about WISE stock on TipRanks’ Stock Analysis page.