Carmanah Minerals Acquires Promising Gold-Silver Project in Newfoundland

Carmanah Minerals Corp. ( (TSE:CARM) ) has issued an announcement.

Carmanah Minerals Corp. has announced an option agreement to acquire a 100% interest in the Heritage Project, a district-scale gold-silver asset in Newfoundland’s Burin Peninsula. This acquisition positions Carmanah as a first-mover in a largely overlooked district with high-grade gold and bonanza-grade silver potential, potentially leading to Newfoundland’s next major discovery.

More about Carmanah Minerals Corp.

Carmanah Minerals Corp. operates in the mining industry, focusing on the exploration and development of mineral properties. The company is involved in the acquisition and development of gold and silver projects, with a market focus on underexplored regions with high potential for significant mineral deposits.

YTD Price Performance: -16.67%

Average Trading Volume: 289,204

Technical Sentiment Consensus Rating: Sell

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