Mas Gold CEO Jim Engdahl joined Steve Darling from Proactive to share news the company has agreed to a deal granting Eros the exclusive right to earn a 17.5% interest in certain MAS Gold properties in the La Ronge Gold Belt of northeastern Saskatchewan.
Engdahl telling Proactive Eros must fund 3.5 million in exploration expenditures over a six-month period. MAS Gold and Eros have agreed to conduct a winter and summer exploration program in 2022. The work plan will focus primarily on the Preview-North property and include: infill holes within the North Lake deposit, as well as step-out drilling to the northeast and to the southwest; and drilling exploration holes at the Point deposit.