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Mackay Gold & Silver agrees to buy Big Bonanza Comstock assets for US$6.3 million

PUBT·09/10/2026 12:08:36
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Mackay Gold & Silver agrees to buy Big Bonanza Comstock assets for US$6.3 million
  • Mackay Gold & Silver agreed to buy mining properties in Nevada’s Comstock District, consolidating the full 6 km Comstock Lode.
  • Purchase price US$ 6.3 million; US$ 2 million cash, US$ 2 million in common shares at closing, US$ 2.3 million cash due one year later.
  • Deal adds 392 hectares, lifting total land holdings to 4,747 hectares; targets include the historic Big Bonanza area.
  • Seller retains a 2% net smelter returns royalty; Mackay can buy back 1% for US$ 2 million.
  • Closing set for the fifth business day after conditions are met; either party can walk if not completed by Nov. 30, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mackay Gold & Silver Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609100800NEWSFILECNPR____20260910_313745_1) on September 10, 2026, and is solely responsible for the information contained therein.