Canasil Receives $400,000 Option Payment for Brenda Property from AuRORA JV

Reuters02-05

Canasil Receives $400,000 Option Payment for Brenda Property from AuRORA JV

Canasil Resources Inc. has received a $400,000 first anniversary option payment from AuRORA Minerals Ltd., a joint venture between Freeport-McMoran Mineral Properties Canada Inc. and Amarc Resources Ltd., under an agreement for the Brenda gold-copper-silver project in British Columbia. The payment extends AuRORA JV's option to acquire the property for a second year and increases the option exercise price to $9 million. Canasil will retain a 2% net smelter returns royalty on the project.

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. Canasil Resources Inc. published the original content used to generate this news brief on February 05, 2026, and is solely responsible for the information contained therein.

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