Author photo

By A.J. Roan
Mining News 

Hecla, ATAC come to definitive agreement

Will spin copper exploration project into Cascadia Minerals North of 60 Mining News – April 7, 2023

 

Last updated 4/6/2023 at 5:51pm

Geologist hiking through the Yukon plains in Summer.

ATAC Resources Ltd.

ATAC has agreed to sell its Rackla and Connaught properties in the Yukon to Hecla Mining Company for C$31 million.

Hecla Mining Company April 6 announced that after several weeks of deliberation, it has reached a definitive agreement to move forward with the purchase of ATAC Resources Ltd.'s Rackla and Connaught projects, while also spinning out the Yukon-focused exploration company's earlier staged copper properties into Cascadia Minerals Ltd.

After declining a proposal from Victoria Gold Corp. at the begi...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024

Rendered 04/06/2024 21:34