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Kinross swaps Yukon-based White Gold project for junior equity interest

Creamer Media Deputy Editor: North America
Canadian gold major Kinross Gold has agreed to acquire a 19.9% stake in Yukon Territory-focused junior explorer White Gold by selling its 100% interest in the White Gold exploration project to the company. TSX- and NYSE-listed Kinross said Thursday the strategic ownership in White Gold will provide it with future optionality in the highly prospective White Gold district, and in the larger Yukon Territory.

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