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King Global Ventures ( (TSE:KING) ) just unveiled an announcement.
King Global Ventures Inc. has entered into an Option Agreement with Aurelius Minerals Inc. to acquire the Mikwam Property in Ontario, Canada, which includes 69 mining claims. The agreement involves a cash payment, a work commitment, and a net smelter returns royalty. This acquisition is expected to enhance King Global’s portfolio and strengthen its position in the mining industry by expanding its exploration activities in a region known for gold mineralization.
More about King Global Ventures
King Global Ventures is focused on the exploration of precious and base metals in North America, with notable projects such as the Black Canyon Project in Arizona targeting copper-gold-silver-zinc mineralization and the York Property in Quebec.
Average Trading Volume: 27,478
Technical Sentiment Signal: Hold
Current Market Cap: C$28.37M
See more insights into KING stock on TipRanks’ Stock Analysis page.
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