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The latest update is out from Galleon Gold ( (TSE:GGO) ).
Galleon Gold has entered into an agreement with Newmont Corporation to repurchase a 3% net smelter return royalty on its West Cache Gold Project. This strategic move is expected to enhance the project’s economics by reducing future payouts. Additionally, Galleon Gold has engaged North Star Investor Relations to bolster its investor relations efforts, aiming to strengthen its market presence and communication with stakeholders.
More about Galleon Gold
Galleon Gold is an advanced exploration and development company focused on the West Cache Gold Project in Timmins, Ontario. The company is preparing for its first test mining at West Cache, aiming to gather data for feasibility studies, and is committed to systematically reducing risks while expanding the asset through exploration.
Average Trading Volume: 146,025
Technical Sentiment Signal: Buy
Current Market Cap: C$50.34M
For an in-depth examination of GGO stock, go to TipRanks’ Overview page.