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AUAU: Acquiring District-Scale Nevada Project; Raising Our Target Price
SUMMARY
- What you need to know: • A2Gold has entered a binding LOI to acquire a 100% interest in the Taylor Gold-Silver Project in Nevada from White Pine Precious Metals for C$10M in shares plus US$1M in deferred cash.
- • The project hosts a historic 11Moz M&I silver resource at 2.89 oz/t Ag based on a US$17/oz Ag price, which increases to ~17.9Moz M&I and 2.7Moz Inferred at US$30/oz.
- • The Taylor Project is district-scale, offering exposure to both gold and silver with significant exploration upside, and is located within the top-ranked mining jurisdiction.
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- AUAU: Acquiring District-Scale Nevada Project; Raising Our Target Price07 Mar 2026
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