on Rocky Shore Gold Ltd. (CVE:RSG)
Rocky Shore Completes Acquisition of Mining Claims in Newfoundland
Rocky Shore Gold Ltd. has finalized the acquisition of 128 mining claims in central Newfoundland. This purchase was completed through a wholly-owned subsidiary and included a payment of $45,000 in cash along with the issuance of 1,500,000 common shares. The vendors have retained a 2.0% net smelter return royalty on these claims.
This acquisition is significant for Rocky Shore, as it expands their exploration footprint in one of Canada's emerging gold districts. The claims are part of the Gold Anchor Project, a district-scale property strategically located for potential gold exploration.
Rocky Shore's move comes with support from the 2026 Junior Exploration Assistance Program by the Government of Newfoundland and Labrador.
R. H.
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