New Gold Project Acquisition
Filed with ASX · · 14 pages · English
Summary by 6ix AI
Reward Minerals Ltd has announced the acquisition of the Mountain Pond Gold Project in Newfoundland, Canada, through a binding Letter of Intent. The project includes the Jackpot Prospect, which has shown promising historic exploration results but has not been drill tested. The acquisition terms involve cash payments and share issuances to the vendor, along with a royalty agreement. Next steps include planning for confirmation sampling and drilling at priority targets within the project area.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Reward Minerals
- Prospectivity Confirmed at Copper Lance
- Quarterly Activities/Appendix 5B Cash Flow Report
- Copper Lance Exploration Update
- Investor Roadshow Presentation
- Newfoundland Copper Project Acquisition
Later from Reward Minerals
- Expansion of Mountain Pond Gold Project
- Investor Presentation
- Exploration Update Newfoundland
- Newfoundland Exploration Update
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