Element79 Gold Corp. (TSE:ELEM) has released an update.
Element79 Gold Corp has announced the successful sale of the Maverick Springs Project to Sun Silver Limited, marking a significant return on investment and a strategic shift towards advancing the high-grade Lucero Project in Peru. The deal involves a combination of cash and shares in Sun Silver, totaling a gain of 51% ROI for Element79. Proceeds from the sale will pay off existing loans and support the company’s other projects and operations.
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