Kestrel Gold Partners with Centerra on QCM Property

Kestrel Gold (TSE:KGC) has released an update.

Kestrel Gold Inc. has struck a deal with Centerra Gold Inc., granting Centerra the option to acquire a 75% stake in the promising QCM gold property in central British Columbia. The QCM property, which has yielded high-grade gold findings and spans over 8,700 hectares, will be advanced by Centerra, who will invest $6.5 million in exploration and drilling over the next five years. This partnership underscores Kestrel’s confidence in the QCM’s potential, bolstered by previous drilling successes and the current robust gold market.

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