We’re joined by Caleb Stroup, President & CEO of Headwater Gold (CSE:HWG | OTCQB:HWAUF), to discuss the newly announced $25 million earn-in agreement with Centerra Gold on the Crane Creek Project in Idaho.
Key Highlights
- Centerra Earn-In Overview
A three-stage structure allowing Centerra to earn up to 70% of Crane Creek:
• Stage 1: $10M over four years (including $2.5M guaranteed) to earn 51%
• Stage 2: Additional $15M to reach 60%
• Stage 3: Completion of a PEA with a 1Moz gold resource to reach 70%
The deal also includes a 1–2% royalty back to Headwater. - Geological Potential
Crane Creek hosts both bulk-tonnage epithermal mineralization and outcropping high-grade veins, offering strong discovery upside. - Initial Work Plans
Early work will target the Consolidated Vein Zone while testing step-outs to better define the system’s scale. - Additional Drilling Underway
Active programs with OceanaGold and Newmont continue, with results expected into early 2026.
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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Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice. Investing involves risk, including loss of principal. Consult a licensed financial advisor before making investment decisions. Guests and hosts may hold positions in mentioned companies.