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Antler Gold Inc V.ANTL

Alternate Symbol(s):  ALRGF

Antler Gold Inc. is a Canadian mineral exploration company. The Company is focused on the acquisition and exploration of mineral projects in Africa's Jurisdictions, with exposure to both gold and Rare Earth Elements (REEs). The Company's Namibia projects include Onkoshi Gold Project, Erongo Gold Project, Paresis Gold Project and Ziggy Copper Project. Its Zambia projects include Kesya REE Project. The Onkoshi Gold Project is located approximately 140 kilometers (km) northwest of the city of Windhoek and covers over 68,854 hectares (ha). It holds six exclusive prospecting licenses (EPLs) in the highly prospective areas of the Damara Mobile Belt known as the Erongo Gold Project and covers over 25,766 ha. The Kesya REE Project comprises a single large-scale exploration license (LEL) application covering just over 1,053 hectares. It is located near the town of Kafue in southern Zambia, which is approximately 90 km via a tar road from the Zambian capital, Lusaka.


TSXV:ANTL - Post by User

Antler Gold Inc
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Post by Betteryear2on May 23, 2024 2:53pm
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Post# 36054488

Antler Gold Announces Option Agreement

Antler Gold Announces Option AgreementHalifax, Nova Scotia--(Newsfile Corp. - May 23, 2024) - Antler Gold Inc. (TSXV: ANTL) ("Antler" or the "Company") is pleased to announce that its subsidiary, Antler Gold Namibia (Pty) Ltd ("Antler Nam"), has signed a binding Letter Of Intent ("LOI") with Fortress Asset Management LLC ("Fortress" or the "Optionee"), an arms-length private company. Pursuant to the Agreement, the Optionee will be granted the right to acquire up to 100% interest in the Company's Erongo Central Gold Project (the "Project") over a three-year period for total consideration of US$ 5.5 million and incurring US$ 6.0 million of exploration expenditures and issuing Antler a 2% net smelter return ("NSR") across the entire Project.

Antler Gold Announces Option Agreement for the Erongo Gold Project in Namibia (newsfilecorp.com)
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