Kenorland Options the South Uchi Project to Auranova Resources Inc. [Yahoo! Finance]
Kinross Gold Corporation (KGC)
Last kinross gold corporation earnings: 2/12 05:00 pm
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US:NYSE Investor Relations:
kinross.com/news-and-investors/default.aspx
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Source: Yahoo! Finance
the " Company ") is pleased to announce that it has entered into a definitive agreement (the " Agreement ") with Auranova Resources Inc. (" Auranova "), pursuant to which the Company has agreed to grant to Auranova the right to acquire up to a 70% interest in the South Uchi Project (the " Project "), located in the Red Lake District of Northwestern Ontario. Figure 1. South Uchi Project location To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/6489/232004_5576862ee4e0692a_001full.jpg Option Agreement Under the terms of the Agreement, Auranova may acquire an initial 51% interest in the Project (the " First Option ") by fulfilling the following conditions: Pay C$250,000 upon signing the Agreement. Pay an additional C$250,000 upon receiving the Drilling Permit (as defined in the Agreement). Complete at least 15,000 metres of diamond drilling or incur C$8,000,000 in qualifying expenditures on or before the second anniversary o
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KGC
Earnings
- 11/5/24 - Beat
KGC
Sec Filings
- 11/6/24 - Form 6-K
- 11/5/24 - Form 6-K
- 10/8/24 - Form SC
- KGC's page on the SEC website