Business
Palisades Expands Nevada Gold Portfolio Through Acquisition of Undercover Gold by Made in America Gold Corp.
Palisades Goldcorp Ltd. (TSXV: PALI) (the "Company" or "Palisades") is pleased to announce that its wholly owned subsidiary, Made in America Gold Corp. ("MIAG"), has entered into a non-binding Letter of Intent (the "LOI") to acquire, by way of a share purchase agreement, Undercover Gold Inc. ("Undercover"), which owns the South Cortez and South Tonkin mineral properties (together, the "Properties"). Undercover was founded by NewQuest Capital Inc. ("NewQuest") which is lead by an industry-recogni
About this update from Palisade Bio, Inc.
[{"type":"text","content":"VANCOUVER, BC, Nov. 17, 2025 /CNW/ - Palisades Goldcorp Ltd. (TSXV: PALI) (the "Company" or "Palisades") is pleased to announce that its wholly owned subsidiary, Made in America Gold Corp. ("MIAG"), has entered into a non-binding Letter of Intent (the "LOI") to acquire, by way of a share purchase agreement, Undercover Gold Inc. ("Undercover"), which owns the South Cortez and South Tonkin mineral properties (together, the "Properties"). Undercover was founded by NewQuest Capital Inc. ("NewQuest") which is lead by an industry-recognized exploration team that has structured numerous earn-in joint venture deals with major mining companies across a global portfolio of exploration projects.","length":773,"tagName":"p"},{"type":"text","content":"The acquisition of the Properties expands MIAG's Battle Mountain – Eureka portfolio by an additional ~73 km2, further establishing MIAG as the largest junior landholder in Nevada. This acquisition complements the MIAG portfolio by adding a strategically located land position along trend with Nevada Gold Mines' prolific Pipeline, Cortez Hills, Goldrush and Fourmile deposits, which have collectively produced or contain over 60 million ounces of gold.* Following completion of the transaction, MIAG will control ~800 km², including landholdings adjacent to major deposits operated by Nevada Gold Mines, SSR Mining, McEwen Mining and I-80 Gold, (see Figure 1).","length":668,"tagName":"p"},{"type":"text","content":"Justin Daley, CEO of Made in America Gold, stated: "This consolidation further strengthens our footprint along one of the most productive gold trends in North America, adding two new strategic properties that enhance both scale and optionality. We welcome Undercover Gold shareholders as new stakeholders in Made in America Gold, and I look forward to continuing to work with the NewQuest group as we advance the exploration and strategic potential of the expanded portfolio."","length":486,"tagName":"p"},{"type":"text","content":""Partnering with Made in America Gold represents an ideal and logical next step for the Undercover exploration assets," stated Alistair Waddell, Partner of NewQuest. "The South Cortez and South Tonkin projects are best advanced within a larger, consolidated po...