A unit of Meridian Gold (MNG-T) and Dee Gold Mining, a unit of Rayrock Yellowknife Resources (RAY-T), have settled a land dispute related to their neighboring gold mining operations in Nevada’s Carlin trend.
Last year, Dee filed an action against Meridian that sought court approval for an easement to construct a layback on part of Meridian’s Rossi property.
Terms of the settlement award the easement to Dee, permitting the company to extend and deepen its pit northward. In return, Dee will provide Meridian access to the Dee pit to excavate a decline tunnel or shaft, if required.
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