Emgold to Acquire up to 55% Interest in the East-West Property, Val D'Or Quebec

Author's Avatar
Dec 11, 2019
Article's Main Image

VANCOUVER, BC / ACCESSWIRE / December 11, 2019 / Emgold Mining Corporation (TSXV:EMR, Financial) ("Emgold" or the "Company") announces that it has signed a Claim Purchase and Option Agreement giving the Company the option (the "First Option") to acquire up to a 50% interest in the East-West Property, Quebec (the "Property") from a private individual (the "Vendor"). The remaining50% interest in the Property is owned by Knick Exploration Inc. ("Knick") (KNX). Emgold has also acquired a second option (the "Second Option") to increase its ownership in the Property to 55%, as outlined below. The transaction is subject to TSX Venture Exchange (the "Exchange") approval.