According to a recent LinkedIn post from Gold Candle, the company has signed an agreement aimed at acquiring the Larder gold deposit from Pan American Silver. The post indicates that the transaction would add an estimated 388,000 ounces of indicated gold resources and 933,000 ounces of inferred resources, along with more than 6,400 additional hectares along the Cadillac-Larder Lake fault.
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The post suggests that, when combined with Gold Candle’s recent acquisition of Minière Fokus, this prospective deal could strengthen its district-scale position in the Abitibi region. For investors, the expanded resource base and land package may signal a longer-term pipeline of exploration and development opportunities, although capital requirements, permitting, and project execution risks remain key factors for any future value realization.