trending Market Intelligence /marketintelligence/en/news-insights/trending/bjfil3mdveudgaonsl7v3g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

First Legacy Mining acquires 3 mineral claims in Canada

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020


First Legacy Mining acquires 3 mineral claims in Canada

First Legacy Mining Corp. said Aug. 31 that it acquired three mineral claims in Saskatchewan from three arm's-length vendors.

The property, dubbed the Geiger North project, comprises approximately 1,232.9 hectares about 35 kilometers northwest of the McClean Lake uranium mine and mill in Athabasca Basin.

First Legacy Mining is issuing 3,000,000 common shares and paying C$7,500 in cash to the vendors. The vendors will retain a 2.0% net smelter royalty, half of which First Legacy Mining can buy back for C$1 million.

The company also intends to perform a detailed soil sampling program at the Lac Burge gold project to follow up this year's summer geophysical program. The soil sampling will focus on the Rochon Showing, where anomalous copper values were encountered in a 2016 short hole drilling program.