Valuation

Maverick Gold and Silver (CSE: MAV | FWB: VR61 | OTC: VRCFF) is preparing to drill its Gator Gold Project in Nevada following acceptance of its Notice of Intent by the Bureau of Land Management. In an eResearch interview, Senior Advisor Peter Baxter discusses geological similarities between Gator and Roxmore Resources’ Converse Project, recently targeted for acquisition by SSR Mining. The US$392 million transaction provides a valuation benchmark for Nevada gold resources. Maverick has eight drill sites across Gator South and GSX and plans an initial 2,000-metre program, subject to financing and posting a reclamation bond before drilling can begin. [more]

Artemis Gold (TSXV: ARTG) has agreed to acquire Vista Gold (TSX: VGZ | NYSE American: VGZ) in a US$427 million share transaction, adding the advanced-stage Mt Todd gold project in Australia’s Northern Territory. The project contains 5.2 million ounces of Proven and Probable gold reserves and 9.1 million ounces of Measured and Indicated resources. The acquisition values Vista Gold at approximately US$73 per ounce of reserves and supports Artemis Gold’s longer-term objective of exceeding one million ounces of annual gold production. The transaction offers Vista Gold shareholders a 25% premium and is expected to close in early 2027. [more]