Bullboard - Stock Discussion Forum Hemlo Explorers Inc C.HMLO

Alternate Symbol(s): CNOBF

Metals & Mining Industrial Metals & Minerals

Hemlo Explorers Inc. is a Canadian mineral exploration company with a portfolio of properties in Ontario, Newfoundland and Nunavut. The Company is focused on the advancement of its main Hemlo area projects, including Project Idaho, the Pic Project (under option to Barrick Gold Inc.), and the North Limb Project, as well as advancing its Newfoundland claims and Gold Anchor Project. Project Idaho... see more

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Hemlo Explorers Inc > HMLO ..... NR this a.m

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Post by Iseneschal on Apr 04, 2022 10:09am

HMLO ..... NR this a.m

Barrick.....Hemlo Explorers Announces Binding Term Sheet for an Earn-In Agreement with Barrick Gold on the Pic Project

Sounds like a good deal for HMLO......seems like Barrick take a small equity stake and funds the 1st stage exploration

HMLO retain a 20% interest.....20% interest in nothing is still nothing

Get your work boots on Barrick

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