Winnipeg Free Press By: The Canadian Press
Last Modified: 8:25 AM CST Wednesday, Dec. 16, 2020
The Equinox Gold Corp. logo is shown in a handout. THE CANADIAN PRESS/HO
VANCOUVER - Equinox Gold Corp. has signed a friendly agreement to acquire Premier Gold Mines Ltd. which will spin out its Nevada assets in a new U.S.-focused gold miner to be called i-80 Gold Corp.
Under the deal, Equinox Gold will acquire Premier s interest in the Hardrock Project in Ontario, the Mercedes Mine in Mexico and the Hasaga and Rahill-Bonanza properties in Red Lake, Ont.
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Premier s South-Arturo and McCoy-Cove properties will be held by i-80 Gold, which will also complete Premier s previously announced acquisition of the Getchell Project, all in Nevada.