Stronghold Metals (Z – $0.15) has exercised its option to earn a 50% interest in Eagle Mountain Gold Inc. (EMGI), the owner of the Eagle Mountain Gold property in Guyana. The remaining 50% of EMGI is owned by Omai Gold Mines Ltd, a 95% owned subsidiary of IAMGOLD (TSX: IMG). The Republic of Guyana holds [...]
Stronghold Metals Inc. (Z)
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Stronghold Metals’ flagship property, Eagle Mountain in Guyana, has a NI 43-101 compliant resource estimate of 733,500 ounces of gold based on 179 drill holes totaling 24,203 meters. Moreover, the resource has the potential of being doubled in the next few quarters when results from ongoing drillings, totaling 15,000 meters, show that gold is also found next to the currently known ore zones.
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