The Star Project is located in the traditional territory of the Tahltan and Taku River Tlingit First Nations. Terms of the acquisitionThe 51% interest in the Star Project is held by Prosper Gold Corp. who is also the operator of the Project. The Star Project is subject to a royalty with certain legacy owners representing 2% of net smelter returns upon commercial production. The Company is currently focused on the exploration of its Hopper Copper-Gold Porphyry Project in Yukon and recently acquired Star Copper-Gold Porphyry Project in BC. 1 The Red Chris and Galore Creek Deposit are advanced and developed projects and the reader is advised that the these are not indicative that a 43-101 Deposit will be defined on the Star Project or that the Star Project will be similarly advanced and developed.
Source: The Star May 17, 2022 14:03 UTC