trending Market Intelligence /marketintelligence/en/news-insights/trending/O7vn0yUkB6ZMqlb0ytw3RQ2 content esgSubNav
In This List

Margaux secures option on Old Timer gold property in British Columbia

Video

According to Market Intelligence, December 2022

Blog

Global Clean Action Energy Forum

Video

Insight Monthly, October 2022

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


Margaux secures option on Old Timer gold property in British Columbia

Margaux Resources Ltd. said Jan. 15 that it signed an option deal with a third party for the Old Timer gold property in southern British Columbia.

The property, comprising 16 claims over 1,790 hectares, hosts several known gold-bearing veins and is located 10 kilometers north of the company's Jackpot zinc property

Margaux is required to pay a total of C$50,000 and issue 500,000 shares in stages over a four-year period, as part of the agreement.

The company plans to compile historic property data over the coming months and expects to make the property drill ready this year.