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TDG Gold agrees to Aurora West joint venture with Freeport in CAD 110 million deal
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TDG Gold agrees to Aurora West joint venture with Freeport in CAD 110 million deal
  • TDG Gold agreed to a joint venture with Freeport-McMoRan Mineral Properties Canada, selling 51% of Aurora West for C$ 110 million.
  • Freeport can increase its stakes to 75% in Aurora West JVCo and 100% in ClaimsCo through an earn-in option.
  • The option requires C$ 80 million in exploration spending and a C$ 40 million cash payment to TDG.
  • Freeport committed C$ 30 million within three years of closing, including C$ 15 million within two years.
  • TDG retains Shasta and Baker; exercising the option leaves it with 25% of Aurora West JVCo and a 2% ClaimsCo royalty.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TDG Gold Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611121338PRIMZONEFULLFEED9876691) on November 12, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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