Business
Americore Resources Corp. Closes Trinity Silver Project Agreement with Newmont
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2025) - Americore Resources Corp. (TSXV: AMCO) (OTCQB: AMCOF) (FSE: 5GP) ("Americore" or the "Company") is pleased to announce that it has completed the first payment under its previously announced Trinity Silver Project agreement (the "Agreement") with Newmont Corporation ("Newmont"), originally announced on September 17, 2025.Under the terms of the Agreement, Americore has issued 100,000 common shares to Newmont and has paid the...
About this update from Newmont Corporation
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - November 18, 2025) - Americore Resources Corp. (TSXV: AMCO) (OTCQB: AMCOF) (FSE: 5GP) ("Americore" or the "Company") is pleased to announce that it has completed the first payment under its previously announced Trinity Silver Project agreement (the "Agreement") with Newmont Corporation ("Newmont"), originally announced on September 17, 2025.","length":430,"tagName":"p"},{"type":"text","content":"Under the terms of the Agreement, Americore has issued 100,000 common shares to Newmont and has paid the first-year cash payment of US$50,000, representing the first rental payment for the properties during the initial 12-month period of the Agreement. All shares issued are subject to a statutory hold period of four months and one day in accordance with applicable securities laws.","length":383,"tagName":"p"},{"type":"text","content":"The company has filed on SEDAR+ an independent technical report titled "Technical Report on the Trinity Project," effective Oct. 16, 2025, and dated Oct. 28, 2025, for the company's Trinity silver project. The Technical Report was prepared in accordance with National Instrument 43-101 (Standards of Disclosure for Mineral Projects). The report was authored by Jeffery Bickel, C.P.G, of RESPEC, located in Reno NV. Mr. Bickel is a qualified person under NI 43-101 guidelines, is responsible for, and approves, the content of the Technical Report and this release.","length":577,"tagName":"p"},{"type":"text","content":"Summary of Agreement Terms","length":26,"tagName":"p"},{"type":"text","content":"The Agreement grants Americore a lease to the exclusive right to conduct exploration work for minerals on project lands currently owned by Newmont, and a sublease for lands currently leased by Newmont.","length":201,"tagName":"p"},{"type":"text","content":"Exploration Agreement Terms:","length":28,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"On the effective date, Americore shall pay US$50,000 to Newmont and issue 100,000 common shares of Americore as rental payment for the properties during the first 12-month period of the Agreement.","length":196,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"On or before the first anniversary of the effective date, Americore shall pay US$100...