The TSX Venture Exchange has accepted for filing documentation pertaining to an option agreement dated June 22, 2022, as amended on Feb. 12, 2024, between the company and certain arm's-length parties (collectively, the optionors), whereby the company can acquire a 100-per-cent interest in certain unpatented mineral claims near Cochrane, Ont., known as the Casa Berardi West gold project (the property).

Under the terms of the agreement, the company will earn a 100-per-cent interest in the property by making $114,000 in cash payments and issuing 600,000 shares over a three-year period. The optionors will retain a 2.0-per-cent net smelter returns royalty on the property, of which 1.0 per cent may be repurchased by the company for $1-million.

For further details, please refer to the company's news releases dated Aug. 8, 2022, Sept. 20, 2022, Jan. 30, 2023, May 8, 2023, Nov. 9, 2023, and March 19, 2024.