Currently viewing Global edition

Northern Cobalt soars on Alaska gold move

Shares in Northern Cobalt have surged more than 150% early today after the company announced a deal to earn up to 80% of the Goodpaster project in Alaska.

Northern Cobalt soars on Alaska gold move Northern Cobalt soars on Alaska gold move Northern Cobalt soars on Alaska gold move Northern Cobalt soars on Alaska gold move Northern Cobalt soars on Alaska gold move

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.