Seabridge Gold acquires Slaughterhouse IOCG project in Wyoming
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Seabridge Gold Inc. acquired a 100% interest in Orogen Royalties Inc.'s Slaughterhouse Iron-Oxide-Copper-Gold project in Wyoming, USA. The acquisition includes a payment of US$300,000 cash and milestone payments of up to US$2.55 million. Orogen Royalties Inc. retained royalties on the project and a surrounding regional area of interest.
Why it matters
The Slaughterhouse project covers a twelve kilometre long mineralized trend and features IOCG characteristics. Geological comparisons note that Wyoming IOCG systems share analogs with the Gawler Craton, which is contextually linked to the geological systems associated with Olympic Dam.
Who's involved
- Olympic DamOlympic Dam is a mine where BHP Group extracts uranium resources.
- BHP GroupBHP Group is an Australian multinational mining and metals company that operates Olympic Dam.
- South AustraliaOlympic Dam is geographically located within the state of South Australia.
- CheyenneCheyenne is a location whose geological systems are contextually linked to Olympic Dam.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- BHP GroupSpeculative
BHP Group might adjust its investment strategy for uranium resources based on geological parallels noted between Wyoming and Olympic Dam.
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The entities involved
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Olympic Dam
dam in South Australia
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