Iconic Gold Secures Option on Argentine Ginette Project in Strategic Exploration Push

International Iconic Gold Exploration Corp ( (TSE:ICON) ) has shared an announcement.

International Iconic Gold Exploration Corp. has signed an arm’s length option and exploration agreement to secure exclusive three-year exploration rights and an option to acquire 100% of the Ginette gold-silver property in Santa Cruz, Argentina. The move marks a renewed strategic focus on high-quality precious metals assets, with the company planning to allocate a portion of its long-term exploration budget to Ginette while continuing to prioritize its flagship San Roque project and maintain a balanced portfolio of four other exploration-stage assets.

Under the agreement, Iconic Gold will issue 3,950,000 common shares as consideration for the exploration rights and can acquire full mining rights for US$1 million in staged cash payments over three years, with the sellers retaining a 1% net smelter royalty that the company may buy out after production begins. The transaction, which is subject to TSX Venture Exchange approval, is intended to reinvigorate interest in Iconic Gold after a period of limited activity and will be supported by a planned non-brokered private placement to fund exploration across its portfolio.

More about International Iconic Gold Exploration Corp

International Iconic Gold Exploration Corp. is a Vancouver-based mineral exploration company focused on precious metals, particularly gold and silver, in proven mining jurisdictions such as Argentina. The company holds a diversified portfolio of exploration-stage assets and aims to advance these properties through disciplined, staged programs to improve market recognition and support future capital-raising efforts.

Average Trading Volume: 14,029

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$1.27M

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