Pinson sale closes

Atna Resources Ltd. of Golden, Colo., has completed its previously announced acquisition of the Pinson Gold Mine in Humboldt County.

It acquired a 70 percent interest in the mine that it didn't previously own from a subsidiary of Barrick Gold Corp.

Sprott Resource Lending Partnership provided a $20 million (Canadian) secured loan to finance the cash portion of the deal and provide Atna with capital to begin developing the project.

Comments

Use the comment form below to begin a discussion about this content.

Sign in to comment