Mackay Gold & Silver Acquires Big Bonanza Properties in Nevada

Bitget2026/10/27 12:07

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Mackay Gold & Silver completed its Big Bonanza acquisition from Consolidated Virginia Mining and Marshall Earth Resources, announced October 27, 2026.
The 392-hectare acquisition expands holdings to 4,747 hectares, consolidating ownership of the entire 6-kilometer Comstock Lode in Nevada.
Closing consideration comprised USD 2 million cash and 934,575 common shares valued at USD 2 million.
A further USD 2.3 million cash payment is due on the first anniversary of closing.
The sellers retained a 2% net smelter returns royalty; half can be repurchased at any time for USD 2 million.

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. Mackay Gold & Silver Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610270800NEWSFILECNPR____20261027_321133_1) on October 27, 2026, and is solely responsible for the information contained therein.

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.

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Mackay Gold & Silver Acquires Big Bonanza Properties in Nevada

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