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Aguila American Gold ( (TSE:TWO) ) has provided an update.
T2 Metals Corp. has secured an option to acquire 100% of the 76 sq km Aurora Gold Project in the Yukon’s Tintina Gold Belt from explorer Shawn Ryan and Wildwood Exploration. The Aurora intrusion-related gold system lies near Dawson City and the Dempster Highway, adjacent to Prospector Metals’ ML Project, and hosts six significant gold-bearing prospects identified over a 10 km trend.
Historic exploration at Aurora has been limited, with less than 3,000 m of drilling completed and no work in over 15 years, yet past holes at the AJ and Golden Wall prospects returned high-grade gold intercepts, including intervals above 20 g/t Au. The deal strengthens T2 Metals’ position in a premier gold-silver district and leverages decades of prior work by Ryan, potentially unlocking value from a well-mineralized but underexplored asset for investors and regional stakeholders.
More about Aguila American Gold
T2 Metals Corp. is a Vancouver-based mineral exploration company focused on gold and silver projects in North America. The company targets high-grade, intrusion-related gold systems within prolific belts such as the Tintina and Tombstone Gold Belts, aiming to advance underexplored assets with strong geological potential.
Average Trading Volume: 40,740
Technical Sentiment Signal: Buy
Current Market Cap: C$26.57M
Find detailed analytics on TWO stock on TipRanks’ Stock Analysis page.