Torr Metals, Tahltan government sign Latham copper-gold agreement

Drill highlights include 29.2 metres of 0.54% copper starting at surface from the New Year zone, with a higher-grade 2.3-metre section of 1.95% copper from 11 metres.

The miner acquired a 100% interest in Exploits Gold Corp and became Exploits Discovery Corp.

Irrigation of the leach pad is underway and first gold pour is expected in Q4 2020.

Under the sales agreement, Iamgold will pay TomaGold C$500,000 in cash and C$8 million in shares.

Study suggests a 16,875 t/d heap-leach operation, using existing processing capacity, generating an average of 69,000 gold oz. per year between 2021 and 2027 at AISCs of $1,204 per oz.

Trump's announcement comes as doubts about the project have risen over recent months.

The company is continuing drilling near Fekola and the Anaconda area as part of its $18 million program this year.

Underground mine to deliver approximately 1.1 million tonnes of ore per year at an estimated grade of 3.5 grams/tonne.

The miner engaged GoldSpot Discoveries to clean, unify and analyze data to target exploration.