Under the terms of a lease agreement, Royaledge Resources (RYE-V) has acquired the mineral rights to 6,680 acres on the Carlin trend, near Newmont Gold’s Gold Quarry mining properties.
Through a transaction with the same landowner, Royaledge has obtained options for mineral rights to more than 80 sq. miles of property contiguous to the Carlin ground. The options are for interests ranging from 25% to 50%, though negotiations for 100% of the mineral rights will continue.
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