Big Ridge Gold Expands Stake in Hope Brook
Company Announcements

Big Ridge Gold Expands Stake in Hope Brook

Big Ridge Gold Corp. (TSE:BRAU) has released an update.

Big Ridge Gold Corp. has amended its earn-in agreement for the Hope Brook Gold Project, expediting its increase in ownership from 51% to 80% without the previous requirement of an additional $10 million expenditure. The company has already invested approximately $5.8 million and will issue 10 million shares to First Mining as part of the transaction. This strategic move boosts Big Ridge’s attributable gold resources significantly under favorable market conditions.

For further insights into TSE:BRAU stock, check out TipRanks’ Stock Analysis page.

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