Now trading under a new Venture Exchange symbol,
Cortus Metals Inc. (TSX-V: CRTS, Forum) announced on Thursday that it will acquire the Grayson and Powerline mineral properties in North-Central Nevada, with an oversubscribed $2.5 million private placement.
CEO Sean Mager stated that these properties will provide a foothold for the Company’s rapid growth strategy in The Great Basin.
“With the concerted effort of in-house and third-party exploration, we look forward to generating significant gold and silver discoveries and the commensurate shareholder returns in the months and years to come.”
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A new member of the Metals Group of companies, Cortus Metals has been working on this transaction for the Grayson and Powerline properties with
Intermont Resources LLC since November 2019. CRTS boasts a proprietary methodology for generating significant new gold discoveries in Nevada and a portfolio of 23 projects available for option to third-party explorers.
FULL DISCLOSURE: Cortus Metals Inc. is a client of Stockhouse Publishing.