Winshear Gold Corp. Secures Earn-In Agreement for Thunder Bay Gold Project

Winshear Gold ( (TSE:WINS) ) has issued an announcement.

Winshear Gold Corp. has entered into an earn-in agreement to acquire a 100% interest in the Thunder Bay Gold Project in Northwest Ontario, pending TSX Venture Exchange approval. This project, located near Thunder Bay, covers 360 square kilometers and is part of the Shebandowan greenstone belt, which has seen limited historical exploration. The area shows potential for orogenic gold, volcanogenic massive sulphides, and nickel-copper-cobalt sulphide deposits. The agreement requires Winshear to issue shares and invest $2 million in exploration over four years. The acquisition could significantly enhance Winshear’s asset portfolio and position in the mining sector, offering potential high-grade gold mineralization opportunities for stakeholders.

More about Winshear Gold

Winshear Gold Corp. operates in the mining industry, focusing on the exploration and development of gold projects. The company is primarily engaged in identifying and acquiring high-potential mineral properties, with a market focus on regions with significant geological potential for gold and other valuable minerals.

Average Trading Volume: 70,906

Technical Sentiment Signal: Sell

Current Market Cap: C$2.04M

For detailed information about WINS stock, go to TipRanks’ Stock Analysis page.