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The latest announcement is out from Japan Gold ( (TSE:JG) ).
Japan Gold Corp. has entered into an agreement with Osisko Gold Royalties to sell a 1.5% net smelter return royalty for US$5 million on certain properties in Japan. This transaction allows Japan Gold to enhance its exploration activities without diluting its equity, leveraging Osisko’s expertise and financial support to unlock the mineral potential of its projects. The partnership further solidifies Japan Gold’s strategic position in Japan’s gold industry, enabling accelerated development of its high-grade gold prospects.
More about Japan Gold
Japan Gold Corp. is a Canadian mineral exploration company focused on discovering high-grade epithermal gold deposits across Japan. The company holds a substantial portfolio of tenements in areas with historical gold occurrences and potential for significant discoveries. Japan Gold collaborates with Barrick Gold Corporation to explore and develop gold properties in Japan.
YTD Price Performance: 14.29%
Average Trading Volume: 58,646
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$22.31M
See more data about JG stock on TipRanks’ Stock Analysis page.
