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Solstice Gold expands Strathy project with Leckie zone acquisition

The Vancouver-based miner agreed to pay C$600,000 plus shares and claims to acquire two patented and 43 unpatented claims covering 9.4 km², expanding its Strathy Gold Project to 57 km².

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David Chen · Commodities Desk · 24 Aug 2026 · 14:55 · 1 min read
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Solstice Gold expands Strathy project with Leckie zone acquisition

Solstice Gold Corp. has agreed to acquire the Leckie Gold Zone as part of a definitive agreement announced on August 22, 2026, expanding its Strathy Gold Project to approximately 57 square kilometers. The acquisition includes two patented claims totaling 24 hectares and 43 unpatented mining claims covering 9.4 km².

Under the terms of the deal, Solstice will pay C$600,000 in cash, issue 2.0 million common shares subject to a 12-month lock-up period following closing, and transfer 11 unpatented claims. The transaction is expected to close on September 14, 2026, pending approval from the TSX Venture Exchange and other customary conditions.

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The Leckie Gold Zone features a 160-meter-deep shaft, underground development on five levels, and more than 23,000 meters of historical drilling. Historical drill intercepts include 4.85 grams per tonne gold over 17.10 meters, 7.24 g/t over 10.45 meters, and 9.10 g/t over 5.24 meters. Of 133 drillholes with available assays, 62% returned intercepts exceeding 3.0 g/t gold over a minimum core length of 1.5 meters.

The acquisition follows Solstice’s completion of its option agreement with Gravel Ridge Resources Ltd. and 1544230 Inc., securing 100% ownership of the Strathy Gold Project, subject to certain royalties. The Leckie Patents are encumbered by a 1% net smelter return royalty held by Stroud Resources Ltd., with a buyback option of C$500,000 per 0.5%.

As a closing condition, Solstice plans to complete a non-brokered private placement of 10.83 million common shares at C$0.06 per share, raising gross proceeds of C$650,000.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
David Chen
Commodities Desk

David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.

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