NeoTerrex Minerals signs option deal with Fury Gold unit for up to 100% of Québec Reservoir project

Bitget2026/10/09 11:08

NeoTerrex Minerals signed an option agreement with Eastmain Resources, a Fury Gold Mines unit, to acquire the Reservoir Cu-Au-Ag-W project in Québec. Deal structure gives NeoTerrex the right to earn up to 100% ownership via staged payments of CAD 500,000 and CAD 3 million exploration spending by Dec. 31, 2030. Fury would keep a 2% net smelter returns royalty on earn-in; NeoTerrex can buy back 1% for CAD 1 million before production. Option terms include a potential strategic joint venture between NeoTerrex and Fury following an intermediate earn-in milestone. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neoterrex Minerals Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610090707NEWSFILECNPR____20261009_318159_1) on October 09, 2026, and is solely responsible for the information contained therein.

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