Palisades Goldcorp Ltd. (PALI) will acquire Radio Fuels Energy Corp. (CAKE) in a definitive arrangement, creating a significant resource investment company with a combined $120 million in cash and marketable securities. The merger positions Palisades as Nevada’s largest junior landholder and offers shareholders exposure to gold, uranium, and rare earth elements.
Results for: Nevada Mining
Stuhini Exploration Ltd. announces an option agreement to acquire the Jersey Valley Property in Nevada’s prolific Battle Mountain gold district. The property shows anomalous gold and pathfinder elements, suggesting significant exploration potential. This acquisition expands Stuhini’s portfolio of precious metal projects.