KGC - Kinross Gold earns majority stakes at Laguna gold property

Rockcliff Metals ([[SVVZF]] -6.2%) announces that affiliate of Kinross Gold ([[KGC]] +1.2%) has earned a 70% interest at Laguna gold property in Snow Lake, Manitoba.It comes after the completion of the required C$5.5M expenditures under the 6-year option agreement signed in July 2018.Rockcliff retains a 30% participating interest in Laguna."Having Kinross earn in so early on their option to the level of forming a Joint Venture on the Laguna Property confirms our belief of the high gold prospectivity of this land package. We look forward to seeing more encouraging results from this year's program currently underway," said Rockcliff's President and CEO Alistair Ross.Since 2018, Kinross has completed 48 holes totaling approximately 16,470 metres.Previously (March 10): Undervalued gold producers set for high output, cash flow - BofA

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Kinross Gold earns majority stakes at Laguna gold property