The mining newspaper for Alaska and Canada's North

Osisko to increase stake in Yellowknife gold

TerraX Minerals Inc. May 13 reported an agreement to sell an additional 1 percent net smelter return royalty on its Yellowknife City Gold project in the Northwest Territories to Osisko Exploration James Bay Inc., a wholly-owned subsidiary of Osisko Gold Royalties Ltd. To purchase this option, Osisko Exploration will pay TerraX C$1 million in cash.

The agreed to option entitles Osisko Exploration t...

 

Reader Comments(0)