PRECIOUS METALS

First Mining gets IAMGOLD Quebec land package

First Mining Gold has entered into an agreement with IAMGOLD to acquire the Porcupine East property which is adjacent to its Duparquet gold project and, together with its Pitt and Duquesne projects, will give the company some 19km of strike along the Destor-Porcupine Fault Zone.

Paul Harris in Vancouver, Canada
 1200px-Beattie-Mine-from-afar-Duparquet-Qu-bec-Canada.jpg

1200px-Beattie-Mine-from-afar-Duparquet-Qu-bec-Canada.jpg

The exploration company will pay IAMGOLD 2.5 million shares, a 1.5% net smelter return royalty, a future contingent payment of US$500,000 on the declaration of a minimum of 350,000oz gold resource on Porcupine...

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