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Silicon Metals Corp. Acquires Crystal Hills Project, Expanding Canadian Operations

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Silicon Metals Corp. Acquires Crystal Hills Project, Expanding Canadian Operations

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West Oak Gold Corp. ( (TSE:SI) ) just unveiled an update.

Silicon Metals Corp. has successfully completed the acquisition of the Crystal Hills Project in Clarkson Township, Ontario, which consists of five mineral claims over approximately 400 hectares. The project features high purity crystalline quartzite, which is advantageous for future extraction due to its topography and accessibility. This acquisition allows Silicon Metals to focus on exploration advancements at Crystal Hills while continuing efforts at their Maple-Birch project, potentially enhancing their market position and operational capabilities.

More about West Oak Gold Corp.

Silicon Metals Corp. is focused on exploration and development in Canada, particularly in British Columbia and Ontario. The company’s key asset is the Maple Birch Project, a high purity quartz pegmatite project with a production permit for 3,000 tonnes per year, located near Sudbury, Ontario.

Average Trading Volume: 135,995

Technical Sentiment Signal: Sell

Current Market Cap: C$2.79M

Learn more about SI stock on TipRanks’ Stock Analysis page.

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