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Enforcer Gold expands Montalembert gold project by 19,352 hectares

Enforcer Gold Corp. said Feb. 1 that it acquired, by staking, an additional 19,352 hectares to expand the Montalembert gold project in Quebec to 26,645 hectares.

The company is earning up to a 100% interest in the project from Globex Mining Enterprises Inc. under a November 2016 option deal.

An amended deal in November 2017 reduced Enforcer Gold's required exploration expenditures to C$10 million, as well as cut its cash payment on the deal's second anniversary to C$500,000 and increased the cash payment on the deal's third anniversary to C$1.6 million.