Canamera Geological has walked away from an $8-million deal with Newhawk Gold Mines (NHG-T) for a 60% interest in the Bruceside-Sulphurets gold-silver property.
Previous feasibility work at the British Columbia property outlined a diluted minable reserve of 600,000 tons grading 0.41 oz. gold and 17.3 oz.
silver per ton.
Granduc Mining (GDC-T) owns the remaining 40% interest in Bruceside.
Newhawk will continue to seek a partner.
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