Northwire Canada EditionTuesday, September 1, 2026
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GOLD 4397.50 −1.9% SILVER 65.46 −2.3% COPPER 6.58 −1.5% OIL 90.03 +5.0% PALLADIUM 1326.50 −3.8% APN 0.015 +0.0% CYG 0.175 +2.9% SRI 0.015 +0.0% GER 0.005 +0.0% NBY 0.080 +0.0% TECK 93.48 −1.1% GAL 0.660 +1.5% SRC 1.71 +0.0% GR 0.070 +0.0% ANK 0.385 −2.5% PA 0.150 +0.0% NOBL 0.105 +0.0% RDS 1.18 −4.5% PTX 0.090 +0.0% DNO 0.300 +0.0% MTT 0.198 −4.8% GOLD 4397.50 −1.9% SILVER 65.46 −2.3% COPPER 6.58 −1.5% OIL 90.03 +5.0% PALLADIUM 1326.50 −3.8% APN 0.015 +0.0% CYG 0.175 +2.9% SRI 0.015 +0.0% GER 0.005 +0.0% NBY 0.080 +0.0% TECK 93.48 −1.1% GAL 0.660 +1.5% SRC 1.71 +0.0% GR 0.070 +0.0% ANK 0.385 −2.5% PA 0.150 +0.0% NOBL 0.105 +0.0% RDS 1.18 −4.5% PTX 0.090 +0.0% DNO 0.300 +0.0% MTT 0.198 −4.8%
M&A / Property

Trifecta Gold grants option to acquire Yuge to Nortec

By The Northwire Desk — AI Analysis Feb 25, 2026 · 17:34 TG · 0.23 Trifecta Gold Ltd.
TG · Price

Executive Summary

  • Trifecta Gold Ltd. has granted Nortec Minerals Corp. an option to earn a 100% interest in the Yuge gold project located in northern Nevada.
  • Nortec can earn the full interest by making escalating annual payments totaling $2 million over five years, with an initial $25,000 payment to secure the option.
  • A portion of the payments can be satisfied via equity issuance, and the transaction remains subject to TSX Venture Exchange approval.

Key Details

  • Transaction Structure: Trifecta Gold grants Nortec Minerals an option to earn 100% of the Yuge gold project.
  • Earn-In Payments: Nortec must make escalating annual payments totaling $2 million over a five-year period.
  • Initial Payment: $25,000 required to secure the option.
  • Payment Method: The initial payment and up to 50% of the annual payments can be satisfied by issuing shares of Nortec to Trifecta, valued at the 10-day volume-weighted average price (VWAP).
  • Existing Encumbrances: The Yuge project remains subject to an existing underlying royalty and defined resource payments owed to Silver Range Resources Ltd. (previous property owner).
  • Regulatory Status: Transaction is subject to approval from the TSX Venture Exchange.
  • Strategic Context: Trifecta is monetizing a non-core asset to focus on its Yukon projects, specifically the Rye project in the Tombstone gold belt.
  • Rye Project Update: Trifecta reported drilling 1.02 g/t gold over 37 meters in its first drill hole at the Rye project in 2025. A follow-up program is planned for summer 2026.
  • Geological Context: Gold results at Rye correlate with bismuth, tellurium, and tungsten, suggesting a reduced intrusion-related gold system.

Notable Quotes

  • "Trifecta is pleased to monetize a non-core property holding while it focuses on discovering new gold deposits within the Yukon's Tombstone gold belt."
Read the original news release →

More from Trifecta Gold Ltd.

Jul 28, 2026 · 08:45

Trifecta advances its Yukon project permits and options to support ongoing exploration activities despite lingering dilution risks.

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Trifecta resumes drilling at its Rye Project following the acquisition of a new permit and fresh capital.

Drill Results Jul 03, 2026 · 15:28

Trifecta Gold raises $1.66m in a placement to extend its financial runway while addressing ongoing going concern warnings.

Financings Jun 17, 2026 · 08:00

Trifecta Gold raises up to $1.66m in a dilutive private placement while facing a going concern warning.

Financings Jun 15, 2026 · 06:00

Trifecta Gold raises $1.3 million in a dilutive placement to fund ongoing operations and continued exploration drift activities.

Financings Feb 25, 2026 · 08:00

Trifecta Offloads Non-Core Nevada Asset to Sharpen Focus on High-Grade Yukon Gold Discoveries

M&A / Property