NeoTerrex signs LOI with Fury Gold to earn up to 100% of Reservoir copper-gold project in Quebec
Reuters2026/08/19 11:06Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- NeoTerrex Minerals entered a non-binding LOI with Fury Gold Mines to negotiate an option to earn 100% of the Reservoir Project.
- Earn-in requires CAD 500,000 cash payments and CAD 3 million exploration spending through Dec. 31, 2030; 50% earned by Dec. 31, 2028.
- Fury retains a 2% NSR at 100% earn-in; NeoTerrex can buy back 1% for CAD 1 million before commercial production.
- Project spans 6,090 hectares in Quebec’s James Bay region; hosts a polymetallic copper-gold-silver-tungsten system with historical drilling.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neoterrex Minerals Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608190703NEWSFILECNPR____20260819_310354_1) on August 19, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Amaroq grants 430,126 RSUs under employee share plan
Reuters•2026/08/19 12:52
Wolford H1 FY26 EBIT loss narrows to EUR 10.2 million; revenue falls to EUR 31 million
Reuters•2026/08/19 12:51
Nordea warns Middle East war-driven oil spike rekindles global inflation fears
Reuters•2026/08/19 12:48
Temple Bar Investment Trust NAV at 416.88 pence/share as of Aug. 18 close, unaudited estimate
Reuters•2026/08/19 12:47
