Athena Gold plans acquisition of Forester Gold Project in Ontario

Athena Gold has announced plans to acquire a complete interest in the Forester Gold Project near Orla Mining's Musselwhite Gold Mine in north-western Ontario, Canada. The company intends to secure the 4,900-hectare (ha) Forester project through an all-share transaction, which will be free from any substantial encumbrances except for an existing 2% net smelter return royalty. The company retains the option to repurchase half of this royalty for $2m (C$2.73m), with adjustments for inflation. By obtaining ...