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GFG Resources Moves Nearer To Selling Rattlesnake Hills Gold Project for $3.3 Million
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GFG Resources Moves Nearer To Selling Rattlesnake Hills Gold Project for $3.3 Million
Aug 16, 2024 12:37 PM

03:20 PM EDT, 08/16/2024 (MT Newswires) -- GFG Resources Inc. ( GFGSF ) Friday signed a definitive agreement for the sale of its Rattlesnake Hills Gold Project to Patriot Gold Vault for approximately $3.3 million. GFG and Patriot had previously announced the signing of a letter of intent on May 9, 2024,

A statement noted the closing of the transaction is expected to occur on or about 120 days following today's date.

The Rattlesnake Hills Gold Project is located in central Wyoming, approximately 100 kilometres southwest of Casper. The company believes that the district is highly prospective and has outlined several kilometre-scale greenfield targets that have never been drill tested.

Price: 0.08, Change: -0.01, Percent Change: -6.25

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