Kenorland Announces Follow-Up Drill Program and Commencement of Phase 2 Earn-In by Newmont Corporation at the Chebistuan Project
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Kenorland Minerals Ltd. announced a winter 2025 drill program at the Deux Orignaux prospect and that Newmont Corporation has commenced Phase 2 of the earn-in agreement to potentially increase its stake in the Chebistuan project in Quebec.
November 13, 2024 | 12:45 pm
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Newmont Corporation has commenced Phase 2 of its earn-in agreement with Kenorland Minerals, potentially increasing its stake in the Chebistuan project by 29%.
Newmont's decision to enter Phase 2 of the earn-in agreement indicates a commitment to the Chebistuan project, which could lead to increased resource control and potential future revenues. This is likely to be viewed positively by investors.
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