Opus One Gold Corp has announced the completion of its final $200,000 payment to Magna Terra Minerals, thereby securing 100% interest in the Noyell gold property. Located 25km south of Matagami in Quebec’s Eeyou Itschee Baie James district, Noyell is positioned within the resourced-rich Casa Berardi mineral belt. CEO Louis Morin praised the milestone, citing the challenging financing environment for junior exploration firms but highlighting the project’s strategic advantages: proximity to infrastructure, favorable tax conditions, and substantial development potential. With advanced definition drilling underway, the mineralized zone exhibits promising widths, grades, and continuity. The acquisition represents Opus One’s commitment to developing high-quality gold deposits in well-established mining regions.

Mining and Metals, Exploration and Development,Canada, Quebec

https://www.globenewswire.com/news-release/2024/05/16/2883590/0/en/Opus-One-Gold-Corp-Makes-its-Final-Payment-to-Acquire-a-100-Interest-in-the-Noyell-Gold-Property-Located-South-of-Eeyou-Itschee-James-Bay-Area.html