SSR Mining (NASDAQ:SSRM) said Tuesday it agreed to sell its Sunrise Lake exploration property in Canada’s Northwest Territories to Honey Badger Silver in exchange for a 4% net smelter return royalty on the property.
Sunrise Lake hosts silver-gold and base metal mineralization outlined by 21,774 meters of historical surface diamond drilling completed 25 years ago.
Exploration activities completed on the Property to-date have focused on silver-lead-zinc volcanogenic massive sulfide mineralization, the company said.
