A2Gold to Acquire Nevada Silver-Gold Project with 11M Oz Historical Resource
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A2Gold Corp. announced a binding agreement to acquire the district-scale Taylor Silver-Gold Project in Nevada from White Pine Precious Metals Inc. This acquisition is highly significant as it adds a drill-ready project in a Tier-1 mining jurisdiction, boasting a historical 11 million ounces of silver in the Measured and Indicated category, along with substantial gold exploration upside. The project, covering 117 km², significantly strengthens A2Gold's Nevada portfolio and complements its existing Eastside Gold-Silver Project, expanding its total prospective mineral tenure to approximately 230 km². This move provides immediate exploration opportunities and could materially enhance the company's asset base and long-term production profile. Investors will be watching for initial drill results and updated resource estimates.
At the time of this announcement, AUXXF was trading at $0.75 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $77.7M. The 52-week trading range was $0.15 to $1.05. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Dow Jones Newswires.