Rimrock Gold Corp (RMRK)

[kayten397]

RMRK
https://www.accesswire.com/614843/Cat-Strategic-Metals-Secures-Prime-Mineral-Exploration-Ground-in-Nevadas-Prolific-Carlin-Trend-District

VANCOUVER, BC / ACCESSWIRE / November 6, 2020 / CAT Strategic Metals Corporation (CSE:CAT)(FRA:8CH) ("CAT" or the "Company") announces that it has acquired an earn-in and joint venture agreement (the "Agreement") pursuant to an arm's length transaction with a private company (the "Vendor") dated November 2, 2020. to acquire up to an 80% undivided ownership in the Rimrock Gold mineral property ("Rimrock"). Rimrock is comprised of ~1,663 acres adjoining, and immediately north of, Hecla Mining Co.'s Hollister Mine; a gold-silver property, in an area hosting two of Nevada's largest gold belts, the Midas and Carlin Trends, approximately 77 km (46 mi) Northwest of Elko, Nevada.

The Acquisition is expected to close on or about November 16, 2020 and may be subject to regulatory and stock exchange approvals.