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Gold Line Resources Ltd. V.GLDL

Gold Line Resources Ltd is focused on advancing gold projects with significant exploration potential in prolific gold-producing regions of Sweden and Finland. The company is working in mining jurisdictions and emerging exploration frontiers due to its strong mineral endowment, stable tenure, straightforward permitting, favourable tax regime and supportive geopolitical landscape. It holds a prospective portfolio of five gold exploration projects in Sweden: one project is in the Skelleftea belt of north-central Sweden and four projects, including the Langtjarn property, are located within the Gold Line Mineral Belt of north-central Sweden. The projects are located on a 200-kilometre Proterozoic greenstone sedimentary belt that is host to multiple gold showings and deposits.


TSXV:GLDL - Post by User

Post by Betteryear2on Jan 25, 2022 9:06am
147 Views
Post# 34357349

CLOSES ACQUISITION OF OIJÄRVI EXPLORATION LICENCE

CLOSES ACQUISITION OF OIJÄRVI EXPLORATION LICENCE

VANCOUVER, BCJan. 25, 2022 /CNW/ - Gold Line Resources Ltd. (TSXV: GLDL) (OTCQB: TLLZF) ("Gold Line") (the "Company" or "Gold Line") is pleased to announce the closing of the previously announced acquisition of the Oijrvi exploration reservation (the "Oijrvi Reservation"), located in Finland (the "Transaction"), pursuant to a purchase and sale agreement dated April 1, 2019 (as amended, and as further amended by an agreement dated December 31, 2021, together, the "Agreement") among the Company, Eurasian Minerals Sweden AB ("EMSAB"), Viad Royalties AB ("VRAB", and together the "Sellers", both of which are wholly-owned subsidiaries of EMX Royalty Corp. ("EMX").

 
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