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  6. Skeena Acquires Spectrum Gold & Copper Exploration Property

M&A Deal Summary

Skeena Acquires Spectrum Gold & Copper Exploration Property

On April 28, 2014, Skeena acquired metals/mining company Spectrum Gold & Copper Exploration Property

Acquisition Highlights
  • This is Skeena’s 1st transaction in the Metals/Mining sector.
  • This is Skeena’s 1st transaction in Canada.
  • This is Skeena’s 1st transaction in Ontario.

M&A Deal Summary
Date 2014-04-28
Target Spectrum Gold & Copper Exploration Property
Sector Metals/Mining
Buyer(s) Skeena
Deal Type Add-on Acquisition

Target

Spectrum Gold & Copper Exploration Property

Ontario, Canada
Spectrum Gold & Copper Exploration Property contains more than 10 different showings of high-grade sulphide-gold mineralization, spatially associated with steeply-dipping fracture zones contained within a broad area of propyllitic and potassic-altered Stuhini Group intermediate volcanics and volcaniclastic rocks at the contact zone of a sill-like monzonite intrusion of Jurassic age.

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Buyer(S) 1

Buyer

Skeena

Vancouver, British Columbia, Canada
Category Company
Founded 1979
Sector Metals/Mining
DESCRIPTION

Skeena is a junior Canadian mining exploration company focused on developing prospective base and precious metal properties in the Golden Triangle region of northern British Columbia, Canada. The Company’s primary activities are the evaluation and development of the Spectrum gold project and adjacent GJ copper-gold project as well as exploration. Skeena was founded in 1979 and is based in Vancouver, Canada.

DEAL STATS #
Overall 1 of 6
Sector (Metals/Mining) 1 of 6
Type (Add-on Acquisition) 1 of 3
State (Ontario) 1 of 1
Country (Canada) 1 of 6
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-06 GJ Copper-Gold Project

British Columbia, Canada

GJ Copper-Gold Project is comprised of 80 mineral claims totaling 37,508 hectares and is located adjacent to the eastern boundary of Skeena’s Spectrum Project (see map) in the Golden Triangle of northwest British Columbia.

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