Orecap options McGarry gold project to Stardust Metal in deal for up to 75% stake

Reuters2026/08/19 10:03

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Orecap optioned its McGarry Gold Project to Stardust Metal, giving Stardust the right to earn up to a 75% interest.
Stardust can earn 50% by committing USD 13 million over four years, including USD 500,000 in cash payments.
A 50/50 joint venture will be formed once the 50% earn-in is completed, with Stardust designated as operator.
Stardust can lift its stake by another 25% within two years via a USD 50 million cash payment.

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. Orecap Invest Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608190600NEWSFILECNPR____20260819_310388_1) on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Orecap options McGarry gold project to Stardust Metal in deal for up to 75% stake

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