trending Market Intelligence /marketintelligence/en/news-insights/trending/xleqi6atkkofzlbx-otbiw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Falcon Gold acquiring Coomer Lake vanadium property in Ontario

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


Falcon Gold acquiring Coomer Lake vanadium property in Ontario

Falcon Gold Corp. said Sept. 5 that it signed a letter agreement to acquire the Coomer Lake vanadium-titanium property, covering nine claim units across 144 hectares, in Ontario.

Under the terms, Falcon is required to pay C$185,000 and issue 400,000 shares over a four-year period.

Falcon and the vendor also agreed to add another 41 claim units to the property, to include about 8.5 kilometers of the strike length of the magnetite bands as defined by the historical geophysical surveys.

The vendor will retain a 2% net smelter return royalty, while Falcon will have the right to purchase half of the royalty for C$1 million before the start of production.