Winnipeg, Manitoba--(Newsfile Corp. - February 26, 2024) - Gossan Resources Limited (TSXV: GSS) (FSE: GSR) (XETRA: GSR) (the "Company" or "Gossan") is pleased to give a general update to shareholders including a review of the work performed in 2023 and the Company's strategic plans for 2024. In addition, the Company announces results of its Annual and Special General Meeting and a stock option grant.
2023 Year in Review
Sale of Bird River Nickel PGM Project: In April 2023 Gossan agreed to sell to a third party a three-year option to purchase 100% of the title and interest in and to the Bird River Claims held by Gossan. The purchase value was assigned to be up to $1,610,000, and Gossan would also retain a 2% NSR royalty.
Gander Gold Project: During Q4 2023, the Company conducted a new visit to the site to follow up on the results from the previous years' geophysical and detailed sampling programs. The Company engaged a contractor to conduct a 16-day field program, which included prospecting and till sampling of both the b-horizon and c-horizon. This till chemistry was conducted as a follow-up check survey to validate the previous years' results, and to improve understanding on the areas of greater prospectivity. Collections of bedrock and outcrops samples which consist of vein material, selvages of host rock, and minor sulphides also took place. see & read more on
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