trending Market Intelligence /marketintelligence/en/news-insights/trending/xi5bmz1gfw-oq_w3pq2bgq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Kiska Metals selling Goodpaster gold project to Millrock Resources

Coronavirus Crisis Brings New 5G Use Cases Into Action

How 37 Years of Default Data Can Prepare Us for the COVID-19 Fallout

How 37 Years of Default Data Can Prepare Us for the COVID-19 Fallout

Broadband-Only Homes Surge To 25% Of US Households Ahead Of COVID-19 Crisis


Kiska Metals selling Goodpaster gold project to Millrock Resources

Kiska Metals Corp. said Oct. 5 that it signed a definitive agreement to sell its early-stage Goodpaster gold project in Alaska to Millrock Resources Inc.

Kiska will receive a US$32,000 cash payment upon execution of the deal and will be paid US$1 for every gold equivalent ounce included in or added to the project's measured, indicated and inferred resources by the time a decision to mine is made.

The company will also be entitled to a 1% net smelter royalty on the property, half of which can be bought for US$2 million on or before the earlier of the publication of a feasibility study or a decision to mine on the property.

In addition, Kiska will receive advance minimum royalty payments of US$50,000 per year starting on the agreement's third anniversary, one of which can be postponed for a three-year period after the initial payment.

Teck Resources Ltd. recently terminated a participation agreement under which it could have earned a 51% interest in Kiska's early-stage Kliyul copper-gold project in British Columbia.