The Calgary-based miner wants GoldSpot to analyze extensive geoscience data collected over the years at the project.

The syndicate of underwriters is co-led by Canaccord Genuity, Sprott Capital Partners and RBC Capital Markets.

The drill program has extended the depth of the Southern Mankouke Target from 80m in February to 120m in mid-April.

The British Columbia miner acquired an option to earn a 100% interest in two properties adjacent to Eastmain.

Company holds approximately 79,000 hectares of mineral rights in the Timmins/Cochrane area of Northern Ontario.

The property forms part of the company’s district-scale Detour Gold Trend project, about 75 km west-northwest of Matagami in Québec, Canada.

On a positive note, the pandemic will emphasize the importance the mining industry has to Peru's economy, CEO says.

In the first quarter of the year, the company produced 110,800 ounces of gold.