Welcome to our dedicated page for Gossan Resc news (Ticker: GSSRF), a resource for investors and traders seeking the latest updates and insights on Gossan Resc stock.
Gossan Resc Ltd (GSSRF) delivers focused mineral exploration across Canada's most prospective regions, including Manitoba and Newfoundland. This page provides investors with essential updates on drilling programs, property transactions, and strategic developments in polymetallic and battery metal projects.
Access authoritative reporting on key activities: exploration results from zinc-copper-silver targets, royalty agreements from asset monetization, and strategic partnerships advancing specialty metals portfolio. Our news collection serves as your primary source for tracking operational milestones and financial arrangements that define GSSRF's market position.
Regular updates cover critical areas including:
- Resource estimates and drilling outcomes
- Property acquisition/divestment announcements
- Royalty structure implementations
- Geological survey progress across multiple metals
Bookmark this page for streamlined access to verified updates about Gossan Resc Ltd's exploration initiatives and value-creation strategies in the competitive mining sector.
Gossan Resources has completed the sale of its Bird River Property to Grid Metals Corp. The transaction includes multiple payment components: a $500,000 initial cash payment, 1.5 million Grid shares, two annual cash payments of $300,000 each, and a 2% net smelter returns royalty. An additional $300,000 deferred payment will be due upon commencement of commercial production.
The consolidation of the Bird River Greenstone Belt under Grid's sole ownership has attracted Teck Resources to explore and develop the Mawka nickel project. Gossan shareholders now hold a royalty on a significant portion of the magmatic nickel-copper-PGM-cobalt discovery at Makwa, which is set to receive substantial investment from Teck.
