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-0.000167686761130265 0.000251530141695174 2.51530141694727E-05 0.000670747044520761 -0.00100612056678129 0.00234761465582281 0.00231407730359685 0.00231407730359685
Stock impact report

American Lithium acquires 19% stake in Cunningham Mining [Yahoo! Finance]

Banco Santander, S.A. Sponsored ADR (Spain) (SAN) 
Company Research Source: Yahoo! Finance
The financial terms of the deal were not disclosed. The property involved in the deal is located in the Skeena Mining Division. It spans 573.7 acres and includes necessary permits for a 30,000-cubic yard annual mining programme authorised by the British Columbia Ministry of Mines. Recent independent assays have shown an average gold content of more than 25.54g per cubic metre of pay, alongside significant silver quantities. In close proximity to Cunningham Mining's claims, Seabridge Gold's KSM Project represents one of the largest undeveloped gold deposits globally. KSM has estimated proven and probable reserves of 38.8 million ounces (moz) of gold and 10.2 billion pounds of copper. The region's gold is typically fine-grained, originating from large upstream deposits such as those managed by Seabridge Gold. In tandem with the acquisition, American Lithium Minerals has announced Ryan Cunningham as president and CEO of its subsidiary, American Mineral Resources. Cunningha Show less Read more
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