North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Colorado budgets C$4M to expand stake in KSP


Last updated 1/15/2018 at 6:49pm

Colorado Resources Ltd. May 11 said it has made a final cash payment of C$150,000 and completed C$6 million of work at KSP, satisfying an agreement with SnipGold Corp., a subsidiary of Seabridge Gold Inc., to earn an initial 51 percent interest in the northern British Columbia gold property, a stake it hopes to increase to 80 percent by the end of the year.

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