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The latest update is out from Eminent Gold Corp. ( (TSE:EMNT) ).
Eminent Gold Corp. has completed the acquisition of the Celts mineral property in Nevada, marking a strategic expansion to bolster its gold exploration portfolio. This acquisition, valued at US$400,000, is significant due to the project’s proximity to a major mining complex, potentially enhancing Eminent’s industry positioning. The company plans to conduct a geophysical survey and initiate a maiden drill program at the site. Additionally, Eminent has entered royalty agreements with Orogen and Altius, granting them a net smelter returns royalty on the Celts Project.
More about Eminent Gold Corp.
Eminent Gold Corp. operates in the mining industry, focusing on gold exploration projects. The company is actively building a large-scale gold exploration portfolio in Nevada, leveraging new exploration concepts and drilling programs to capitalize on high gold prices.
YTD Price Performance: 17.50%
Average Trading Volume: 62,117
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$26.69M
For detailed information about EMNT stock, go to TipRanks’ Stock Analysis page.