scope of the earn agreements skyrocketing in SGT regionWow dolly varden made a property deal .... It is something like 10 kilometers to the south west of their land package. Technically the claims are highly prospective moose pasture, but they are willing to pay good money for them...
Tonga and Fiji are sitting in the eye of the storm and i suspect would do considerably better on an option agreement... I suspect Dino certainly would not be inclined to give up 100% of the fiji and tonga properties.
One has to wonder if Shawn Kuhnkuhn made this move before he releases further news on this year's program in the homestake ridge area... Well that is just a pre christmas speculation on my part...
https://money.tmx.com/quote/DV:TCM/news/6840198942857112/Dolly_Varden_Silver_Consolidates_Big_Bulk_CopperGold_Porphyry_Property The Option Agreement
In connection with the Acquisition, Dolly Varden also entered into an amending agreement with LCT Holdings Inc., the owner of the Big Bulk Property and optionor under the Option Agreement. The amended Option Agreement provides that Dolly Varden may earn-in a 100% undivided interest in the Big Bulk Property by completing the following payments:
a) $50,000 in cash on or before December 31, 2023;
b) $150,000 in cash on or before December 31, 2024;
c) $250,000 in cash or common shares on or before December 31, 2025;
d) $500,000 in cash or common shares on or before December 31, 2026; and
e) $500,000 in cash or common shares on or before December 31, 2027.