Barrick signs exploration earn-in agreement with Osisko on Kan property

TSX-listed Osisko Mining has signed an exploration agreement with Barrick Gold, which allows the gold major to earn a 70% interest on the Kan property, in northern Quebec. Under terms of the agreement, Barrick must spend $15-million over a four-year period, subject to certain yearly work expenditure thresholds, including a guaranteed expenditure threshold of $6-million in the first two years.