Northwire Canada EditionThursday, July 30, 2026
Northwire
TECK 86.37 +6.8% BIG 0.700 +18.6% PTU 0.320 −3.0% GZD 0.080 −11.1% AFM 1.47 +2.8% VCT 0.065 +8.3% BEM 0.065 +0.0% NMI 0.195 +0.0% VLD 0.540 +0.0% BOL 0.080 +6.7% EDCU 0.430 −2.3% SYH 0.375 +1.4% TECT 2.07 +1.0% NAU 1.49 −0.7% VTEN 0.750 +0.0% DLTA 0.155 +3.3% TECK 86.37 +6.8% BIG 0.700 +18.6% PTU 0.320 −3.0% GZD 0.080 −11.1% AFM 1.47 +2.8% VCT 0.065 +8.3% BEM 0.065 +0.0% NMI 0.195 +0.0% VLD 0.540 +0.0% BOL 0.080 +6.7% EDCU 0.430 −2.3% SYH 0.375 +1.4% TECT 2.07 +1.0% NAU 1.49 −0.7% VTEN 0.750 +0.0% DLTA 0.155 +3.3%
M&A / Property

Golden Age options Black Hawk, acquires Thompson claims

GDN · Price

Executive Summary

  • Golden Age Exploration entered an option agreement to acquire 100% of the Black Hawk gold project (330 ha) and simultaneously purchased a 100% interest in the adjacent 4,300‑ha Thompson claims for $26,000.
  • The option may be exercised within four years by paying cash, issuing common shares, and incurring exploration expenditures; a 1.5% NSR royalty is granted (potentially reduced to 1.0% upon a $1 M payment).
  • The company also disclosed an update on its early‑stage Magic property, outlining refined 2026 exploration plans (soil/rock sampling, trenching) and ongoing engagement with the Nazko First Nation.

Key Details

  • Option Agreement – Black Hawk Project
  • Up to 100% interest can be acquired by Golden Age prior to the fourth anniversary of the agreement.
  • Consideration may include cash payments, issuance of common shares, and funded exploration expenditures (specific schedule not disclosed).
  • A net smelter return royalty of 1.5 % is granted to the optionees; can be reduced to 1.0 % if Golden Age pays $1 M to the optionees.
  • Milestone payment: $0.25 per gold‑equivalent ounce reported in a compliant technical report showing ≥ 1 million oz Au‑eq resources.

  • Purchase Agreement – Thompson Claims

  • Acquired an undivided 100% interest in the 4,300‑ha Thompson claims for $26,000 cash consideration.

  • Magic Property (Nazko District)

  • Early‑stage prospect covering four tenures totalling 1,294 ha, located ~75 km SW of Quesnel, BC.
  • Option to acquire up to 80 % undivided interest; thereafter the arrangement becomes a joint venture.
  • 2025 summer exploration delayed by permitting issues; company refined its Phase 1 MMI soil geochemical and rock sampling program for execution in spring/summer 2026.
  • Planned trenching to delineate near‑surface mineralization, map structures controlling Au/Ag distribution, and generate assay‑ready samples.

  • Community Relations

  • Ongoing collaborative discussions with the Nazko First Nation; recent initial meeting held with Nazko Economic Development Corp. representatives.

Notable Quotes

(No direct CEO/President quotes were provided in the release.)

Read the original news release →

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