StrikePoint Gold to Buy Nevada Gold Project from Newmont for $70M
StrikePoint Gold has agreed to acquire the Northumberland gold project in Nevada’s Walker Lane from Newmont for $70 million upfront and two $25 million contingent payments.
SKPNEM
StrikePoint Gold announced an agreement to purchase the Northumberland Project, a gold deposit located in Nevada's Walker Lane, from Newmont Corporation.
The deal terms include:
- $70 million upfront payment
- Two contingent payments of $25 million each
Northumberland is described as a gold deposit in the Walker Lane area of Nevada.
Source: First Squawk