Mayo Lake Minerals, Inc. ( (TSE:MLKM) ) just unveiled an update.
Mayo Lake Minerals Inc. has successfully closed the first tranche of its private placement, raising funds through common share units and flow-through units to support administrative and exploration activities. The company is advancing its exploration efforts on the Anderson-Davidson property, highlighting several drill-ready gold prospects and planning further geophysical and soil sampling surveys to enhance its gold mining potential. Additionally, Mayo Lake is in discussions to revise a merger agreement with WestMountain Gold, aiming to restart merger activities.
More about Mayo Lake Minerals, Inc.
Mayo Lake Minerals Inc. is engaged in the exploration and development of precious metal projects, focusing on the Tombstone Gold (Plutonic) Belt within the Tintina Gold Province.
Average Trading Volume: 32,945
Technical Sentiment Signal: Strong Buy
Find detailed analytics on MLKM stock on TipRanks’ Stock Analysis page.