Quebec-focused Monarch Gold is taking a 14.2% stake in Unigold, whose Nieta project in the Dominican Republic has an open-pit inferred resource of 39.49 million tonnes.
Monarch Gold Mining News
Alamos will sell a portfolio of 18 royalties to Metalla Royalty and Streaming for $8 million in Metalla shares. Following the transaction, Alamos will own 6.26% of Metalla.
Before it was suspended, the 2018 diamond drill program enabled the company to extend the limits of the deposit, returning numerous intersections with high-grade gold values.