NeoTerrex Signs Definitive Option Agreement to Acquire Reservoir Project in Quebec

MT newswire2026/10/09 11:58

07:58 AM EDT, 10/09/2026 (MT Newswires) -- NeoTerrex Minerals (NTX.V) entered into a definitive option agreement to acquire the Reservoir copper-gold-silver-tungsten project in Quebec from Fury Gold Mines (FURY.TO), the mineral exploration company said Friday. Under the terms, NeoTerrex may earn a 100% project stake by paying CA$500,000 and spending CA$3 million on exploration through Dec. 31, 2030. "Reservoir combines scale, multiple styles of mineralization, strong historical copper and gold results with additional potential for silver and tungsten and numerous targets that have seen little or no modern exploration," CEO Mathieu Stephens said.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Swiss Franc weakens as Fed hawkish outlook lifts USD/CHF

FXStreet•2026/11/09 05:45

Sun Machinery CEO Park Kyung-hee Raises Stake to 8.40% From 8.31%

Bitget•2026/11/09 05:37

The central bank has increased its gold reserves for 24 consecutive months, with October’s increase hitting a record high for the period.

新浪财经•2026/11/09 05:37

Trader Gu Jingci: November 9 Bitcoin/Ethereum Trading Strategy and Market Analysis

AiCoin•2026/11/09 05:35