HEADWATER GOLD SIGNS DEAL WITH OCEANAGOLD FOR NEVADA PROJECTS
https://s.yimg.com/ny/api/res/1.2/y.ZWTfrydT0oe9sHILE5eA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/mining_technology_700/ab3dc227767956b146cf7b7fb1069684
✍️ Headwater Gold has signed a definitive agreement with OceanaGold to explore three projects in Nevada, US, allowing OceanaGold to acquire up to 75% interest in the projects through staged exploration expenditures and pre-feasibility studies.
👉 Headwater Gold signs definitive agreement with OceanaGold to explore three projects in Nevada, US 👉 OceanaGold can acquire up to 75% interest in the projects through staged exploration expenditures and pre-feasibility studies 👉 Minimum exploration expenditure of $2.5m across the three projects within the first two years 👉 OceanaGold can earn up to a 65% interest by investing $25m each in both TJ and Jake Creek and $15m in the Hot Creek project 👉 Additional 10% stake in each project upon completing pre-feasibility studies 👉 Headwater will take on the initial operation of the projects and earn a management fee of 10%
-- #CalebStroup #Nevada #US #Jackpot #HumboldtCounty #Winnemucca #TuscaroraDistrict #business
Loading quoted post…
