- Published: Friday, 08 September 2017 14:06
- Written by E&MJ News
GoGold Resources plans to sell interest in Santa Gertrudis gold project, located in Sonora, Mexico, to Agnico Eagle Mines Ltd. for $80 million in cash (minus an estimated working capital adjustment of $280,000 at the close of the transaction). GoGold will retain a 2% net smelter return on the project. While Agnico will have the option to buy 1% of the royalty for $7.5 million.