M&A

Northern Cobalt soars on Alaskan gold move

SHARES in Northern Cobalt surged more than 150% this morning after the company announced a deal to earn up to 80% of the Goodpaster project in Alaska.

Millrock senior project geologist Chris Van Treeck with N27/Millrock claims in the foreground towards the river, with Northern Star’s Pogo mine in the background

Millrock senior project geologist Chris Van Treeck with N27/Millrock claims in the foreground towards the river, with Northern Star’s Pogo mine in the background

The company signed a binding term sheet with Toronto-listed Millrock Resources over the project, which surrounds Northern Star Resources' 10 million ounce Pogo mine. Northern Cobalt will pay US$500,000...

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