The KE Report Headwater Gold - Newmont Earn-In Updates, OceanaGold Partnership & Multiple Drill Programs Underway
In this KE Report Company Update, we welcome back Caleb Stroup, President & CEO of Headwater Gold (CSE:HWG - OTCQB:HWAUF), for a deep dive into a flurry of recent developments across the company’s Nevada and Idaho exploration portfolio.
Key Highlights:
- Spring Peak – Newmont Stage 2 Earn-In:
Newmont to spend US$40M over 3 years to earn up to 65%. The project is now part of the U.S. FAST-41 program, expediting permitting for a 266-site drill program.
- Loadstar – Drilling Underway:
Maiden 3,500m (10–15 hole) drill program testing the Zodiac-Sinister Ridge target for high-grade epithermal veins, modeled after the Spring Peak discovery.
- OceanaGold Partnership:
Signed definitive deal covering TJ, Jake Creek & Hot Creek projects. OceanaGold can earn up to 75% by spending US$65M and completing PFS studies. Drilling underway at TJ.
- Crane Creek (Idaho):
100%-owned; newly permitted and drill-ready. Evaluating self-funding vs. partner option.
- Strong Backing:
Recent C$1M raise led by Rick Rule, Jeff Phillips, and Centerra Gold; year-end cash estimated at C$2.5–3M.
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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