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

By Shane Lasley
Mining News 

Newmont offers $393M to acquire GT Gold

Buyout will give major another large BC copper-gold project North of 60 Mining News – March 10, 2021

 

Last updated 4/25/2021 at 12:41am

Newmont Gold acquisition GT Gold Tahltan First Nation Golden Triangle BC

GT Gold Corp.

A drill tests Saddle North, a porphyry deposit on the Tatogga property with roughly 4.8 billion lb of copper, 8.9 million oz of gold, and 19 million oz of silver in all resource categories.

Newmont Corp. has laid down a US$311 million (C$393 million) cash offer to acquire full ownership of GT Gold Corp. and its Tatogga copper-gold-silver project in the traditional territory of the Tahltan Nation of northwest British Columbia.

"We are excited to expand our world-class portfolio to include the Tatogga project in the Tahltan Territory located in the highly sought-after Golden Triangl...



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