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Earthwise Minerals Secures Extension on Iron Range Gold Project Option

Story Highlights
  • Earthwise Minerals extended its Iron Range option by six months via a 100,000-share issuance.
  • The company can earn up to 80% of Iron Range through staged spending, then form a JV with Eagle Plains.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Earthwise Minerals Secures Extension on Iron Range Gold Project Option

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Hawkmoon Resources ( (TSE:WISE) ) just unveiled an announcement.

Earthwise Minerals has secured a six‑month extension to its option agreement on the Iron Range Gold Project in southeastern British Columbia by issuing 100,000 common shares to optionor Eagle Plains Resources, pushing its first‑year commitment deadline to August 26, 2026. The company can earn up to an 80% interest in the project through staged cash payments, share issuances and CA$4 million in exploration spending, followed by an optional CA$1 million payment and bankable feasibility study, after which Earthwise and Eagle Plains would form a joint venture and Eagle Plains would retain a smelter royalty; the project’s strong infrastructure and geological similarities to the historic Sullivan Mine underscore its strategic potential for both partners and investors.

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 targets in British Columbia. Its Iron Range Project in southeastern B.C. is geologically comparable to major regional deposits, benefits from strong existing infrastructure, and targets structurally focused breccia and vein systems hosting silver, gold, lead, zinc and copper mineralization.

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.

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