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Ready Set Gold ( (TSE:PATH) ) has issued an update.
Newpath Resources Inc. has optioned the Pat Ann claim group, located near Thunder Bay, Ontario, expanding its exploration area to 13,100 hectares. This acquisition allows Newpath to explore potential lithium-bearing pegmatites and base metal mineralization, enhancing its prospects in the mining sector. The company plans to invest in exploration and maintain the claims, with the optionors retaining a net smelter returns royalty. The move could strengthen Newpath’s position in the industry and offer new opportunities for resource discovery.
More about Ready Set Gold
Average Trading Volume: 8,674
Technical Sentiment Signal: Sell
Current Market Cap: C$856.2K
Learn more about PATH stock on TipRanks’ Stock Analysis page.