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Gold Terra enters into option agreement with Newmont to purchase 100% of Miramar Northern Mining, the owner of the past-producing high-grade gold Con Mine

Fasken
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Overview

Client

Gold Terra Resources

On November 22, 2021, Gold Terra Resource Corp. entered into an option agreement with Newmont Canada FN Holdings ULC (“Newmont FN”) and Miramar Northern Mining Ltd. (“MNML”), both wholly owned subsidiaries of Newmont Corporation, which grants Gold Terra the option, upon meeting certain minimum requirements, to purchase MNML from Newmont FN, which includes 100% of all the assets, mineral leases, Crown mineral claims, and surface rights comprising the Con Mine, as well as the areas immediately adjacent to the Con Mine.

Fasken represented Gold Terra with a team led by Johanna Fipke.
 

Jurisdiction

  • British Columbia

Team

  • Johanna Fipke, Partner | Mining, Vancouver, BC, +1 604 631 4704, jfipke@fasken.com