Massive looks at Twin Gold

Agassiz has placed its 78% stake in Twin Gold on the auction block. The company is trying to get approximately $10 million for the shares.

Last year, Twin Gold spent more than $2 million exploring the Lingman Lake property. Located north of Red Lake, Ont., Lingman Lake hosts reserves of more than one million tons grading 0.221 oz gold per ton in multiple mineralized zones. At a cut-off grade of 0.15, reserves are estimated at 685,600 tons grading 0.276 oz gold, Twin Gold says.

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