Headwater Gold – LOI with OceanaGold to Advance 3 Nevada Projects
In this KE Report company update, we speak with Caleb Stroup, President & CEO of Headwater Gold (CSE:HWG – OTCQB:HWAUF), about a significant new development for the company.
Headwater Gold has signed a Letter of Intent (LoI) with OceanaGold to explore three Nevada projects – TJ, Jake Creek, and Hot Creek – with the potential for OceanaGold to earn up to 75% interest by spending US$65M and advancing the projects through to pre-feasibility studies.
Key topics discussed:
- The structure of the OceanaGold partnership and earn‑in stages
- Work already completed at TJ, Jake Creek, and Hot Creek
- How this new partnership complements Headwater’s existing deal with Newmont
- Headwater’s hybrid model: retaining 25% carried interest plus a royalty while operating partner‑funded projects
- Near‑term plans, including drill programs and potential self‑funded exploration
This LOI highlights Headwater’s ability to secure partnerships with major producers while maintaining significant upside for shareholders.
Please email your questions for Caleb to us at Fleck@kereport.com and Shad@kereport.com.
Click here to visit the Headwater Gold website to read over the recent news.
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