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Great Thunder to secure 100% of BRX gold property
Industry Top Trends 2021: Metals and Mining
Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019
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Great ThunderGold Corp. said April 11 that it will secure full ownership of the2,114-hectare BRX gold property in British Columbia by purchasing the50% interest from its joint venture partner, Levon Resources Ltd.
The company will issue 3.0 million shares and grant a 2.5%net smelter returns royalty, 60% of which can be bought back for US$750,000.
Upon closing, Levon, which mining in 2015, will own 15.55%of Great Thunder's issued and outstanding shares.