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West Oak Gold Corp. ( (TSE:SI) ) has provided an announcement.
Silicon Metals Corp. has significantly expanded its Crystal Hills high-purity silica property in Ontario by acquiring 59 additional mineral claim cells through online staking, increasing the project’s size from about 400 hectares to approximately 1,700 hectares, a more than 300% increase. Management says the contiguous ground expansion around the 100%-owned Crystal Hills project aligns with its strategy to unlock further value in a key high-purity silica district, potentially strengthening the company’s resource base and positioning in the silica market as it advances a growing portfolio of Canadian silica assets.
More about West Oak Gold Corp.
Silicon Metals Corp. is a Canadian exploration and development company focused on high-purity silica and quartz projects in British Columbia and Ontario. Its portfolio includes the Maple Birch high-purity quartz pegmatite project near Sudbury with a production permit, the Crystal Hills high-purity silica project north of North Bay, and several exploration-stage silica projects in British Columbia, including Ptarmigan, Silica Ridge and Longworth, in which the company holds 100% interests.
Average Trading Volume: 192,593
Technical Sentiment Signal: Sell
Current Market Cap: C$2.33M
See more insights into SI stock on TipRanks’ Stock Analysis page.