Northwire Canada EditionFriday, November 13, 2026
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
M&A / Property

Aurum, Transition Metals terminate option agreement

ARL · Price

Executive Summary

  • Aurum Lake Mining Corp. has terminated its exclusive option agreement with Transition Metals Corp. for the Homathko gold project in British Columbia.
  • The termination is effective as of December 30, 2025, and Aurum will retain no further interest in the property.
  • The original option agreement was dated December 19, 2022, and was amended on March 6, 2025.

Key Details

  • Transaction Type: Termination of exclusive option agreement
  • Counterparties: Aurum Lake Mining Corp. and Transition Metals Corp.
  • Effective Date: December 30, 2025
  • Project Details: Homathko gold project, comprising mineral claims located in British Columbia
  • Original Agreement Date: December 19, 2022
  • Amending Agreement Date: March 6, 2025
  • Outcome: Aurum will retain no further interest in the Homathko property following termination
  • Company Context: Aurum's current operational focus remains on the Band-Ore property in Ontario (~2,115 hectares)
Read the original news release →

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