A2Gold Acquires 26 Lode Mining Claims at the Taylor Silver-Gold Project in Nevada, USA
2026-06-11 10:28
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en.Wedoany.com Reported - On June 8, 2026, A2Gold Corp. (TSX Venture Exchange: AUAU; OTCQX: AUXXF; Frankfurt Stock Exchange: RR7) announced the completion of the final acquisition of a 100% interest in 26 lode mining claims (RT/JO claims) at its Taylor silver-gold project in White Pine County, Nevada. These claims were acquired from LodeStar Management Group LLC. The company stated that this acquisition consolidates the Taylor mining district for the first time as a district-scale land package under a single operator, eliminating a significant internal block of claims located in the core area of Taylor, thereby avoiding potential exploration, development, and operational constraints arising from fragmented ownership. Several of these claims are adjacent to known mineralized zones and portions of the existing silver resource footprint.

Under the terms of the acquisition agreement, the consideration for A2Gold to acquire a 100% interest in the RT/JO claims includes: $225,000 in cash; 316,377 common shares of A2Gold; and the seller retains a 1% net smelter return (NSR) royalty. A2Gold retains the right to repurchase half of the NSR at any time within the first three years after closing for $500,000.

A2Gold CEO Peter Gianulis stated that the significance of this transaction goes beyond adding 26 claims; it lies in consolidating the Taylor mining district for the first time as a district-scale project under a single operator. These claims are strategically located in the core of the mining district and are critical for expanding the existing silver resource, evaluating additional gold targets, and studying Taylor's growing antimony opportunities. By eliminating a significant internal land block, the company enhances its ability to systematically explore and advance Taylor as a unified project. A2Gold believes that consolidation creates long-term value and enhances the potential for Taylor to become a significant silver-gold project in Nevada with critical mineral potential. This acquisition is crucial for the company to expand its existing silver resources and gold exploration targets, explore the northern extension, evaluate the antimony-bearing system, and test high-priority carbonate replacement deposit (CRD) targets. A2Gold is a Canadian silver-gold exploration company operating three projects in Nevada, USA, including its flagship project, Eastside.

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