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The latest update is out from Double Deuce Exploration Corp. ( (TSE:DD) ).
Double Deuce Exploration Corp. has acquired a 100% interest in the Lac Big-Rush Property located in the Chibougamau Mining Camp of Quebec, a region witnessing renewed interest from various resource development projects. The acquisition is part of a Definitive Option Agreement with a private owner, involving cash payments, share issuance, and exploration expenditures over the next three years. The company’s CEO, Michael Dake, highlighted the property’s potential, citing historical drill data and the absence of recent exploration efforts since the 1980s as factors contributing to its promising discovery potential. The transaction positions Double Deuce to capitalize on the area’s resource development opportunities, enhancing its portfolio and potentially benefiting stakeholders through exploration and development activities.
More about Double Deuce Exploration Corp.
Double Deuce Exploration Corp. operates in the mining industry, focusing on resource exploration and development. The company is involved in acquiring and exploring mining properties, primarily in prolific mining camps such as the Chibougamau Mining Camp in Quebec.
YTD Price Performance: -21.43%
Average Trading Volume: 50,502
Technical Sentiment Consensus Rating: Strong Buy
See more data about DD stock on TipRanks’ Stock Analysis page.
