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Palisades Goldcorp Ltd. press release

Fury Gold Acquires Newmont's Eleonore South Project Stake

TSXV - TSX Venture Exchange · Uranium · Rare Earth Elements · Gold · Canada

Fury Gold Acquires Newmont’s Eleonore South Project Stake

Canadian miner Fury Gold Mines haspurchased Newmont Corporation (NYSE: NEM)’s nearly 50% stake in the Quebec-based Éléonore South project for $2.2 million. The high-grade goldexploration company will spend an additional $960,000 on the acquisition of around 30.4 million Sirios Resources shares held by Newmont as part of Éléonore South’s consolidation.

Fury said the acquisition of Sirios shares was for investment purposes and that the company would continually evaluate the investment to...

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Earlier from Palisades Goldcorp Ltd.