Emgold Mining Corporation: Emgold Announces Partner Kennecott Exploration Is Commencing Drill Program at the New York Canyon Coppery Property in Nevada
Emgold Mining Corporation: Emgold Announces Partner Kennecott Exploration Is Commencing Drill Program at the New York Canyon Coppery Property in Nevada Emgold" or the " KEX"), a subsidiary of Rio Tinto plc (RIO), is commencing a drilling program at the New York Canyon Property, Nevada (the " Property"). The Property is subject to an Earn-In with Option to Joint Venture Agreement (the " Agreement") between Emgold and KEX. Kennecott can earn up to a 75% interest in the Property by completing up to US$22.5 million in exploration expenditures (see Emgold's February 11, 2020 press release availab...