A2 GOLD CORP.

A2Gold signed a binding letter of intent to acquire a 100% interest in the Taylor silver‑gold project in White Pine County, Nevada, from White Pine Precious Metals. The deal involves the issuance of 8,662,881 common shares worth about C$10 million and a deferred cash payment of $1 million (payable quarterly). The project covers roughly 117 km² and, according to a historic SRK report, contains about 11 million ounces of silver in the measured/indicated category; A2Gold describes this estimate as historic and not current. White Pine retains a 2% NSR royalty with a 1% buyback option. Permits and bonding for drilling are in place; closing is subject to final agreements and regulatory approvals. » Mere på de.investing.com