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KO Gold, Inc. ( (TSE:KOG) ) has provided an update.
KO Gold Inc. has completed the acquisition of a 100% interest in two exploration permits in New Zealand’s Otago Region by issuing the final tranche of common shares under its agreement with NewPeak NZ Limited. This acquisition, valued at $500,000, expands KO Gold’s exploration rights in the region, granting exclusive rights to explore for gold and silver. The completion of this acquisition strengthens KO Gold’s position in the Otago Gold District and enhances its potential for future gold discoveries, benefiting stakeholders by potentially increasing the company’s resource base and exploration opportunities.
More about KO Gold, Inc.
KO Gold Inc. is a Canadian junior exploration company listed on the CSE under the symbol ‘KOG’. The company focuses on acquiring and exploring gold properties in the Otago Gold District in New Zealand. KO Gold holds eight 100%-owned prospecting and exploration permits in this region, covering a total area of 740 km². The company’s notable projects include the Smylers and Glenpark EPs, located near OceanaGold’s Macraes Gold Mine, and the Carrick EP, which hosts the historic Carrick Goldfield.
Average Trading Volume: 7,626
Technical Sentiment Signal: Sell
See more data about KOG stock on TipRanks’ Stock Analysis page.