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The latest announcement is out from Emperor Metals, Inc. ( (TSE:AUOZ) ).
Emperor Metals Inc. has announced a binding agreement to acquire the surface rights to the Lac Pelletier Property in Quebec from Eldorado Gold Corporation. The acquisition involves assuming liabilities related to the property’s rehabilitation plan and is expected to close by April 15, 2025. This strategic move enhances Emperor Metals’ position in the mineral exploration industry, as it includes a mining lease with a 1,000 tonnes/day mine permit, potentially increasing their operational capabilities.
More about Emperor Metals, Inc.
Emperor Metals Inc. is a mineral exploration company that focuses on mineral exploration in Canada. It is dedicated to proving the potential of the Pine Grove and other early-stage gold projects located near the Hemlo Gold Mine within the western portion of the prolific Wawa-Abitibi Gold Belt in Ontario, Canada.
YTD Price Performance: 0.0%
Average Trading Volume: 152,640
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$8.94M
See more data about AUOZ stock on TipRanks’ Stock Analysis page.