Sinclair hits key drilling milestone at Mt Henry

Sinclair hits key drilling milestone at Mt Henry

Image: Enrique del Barrio/stock.adobe.comSinclair Gold has completed more than 20,000 metres of drilling at its Mt Henry Gold Project in Western Australia, triggering the first contingent consideration payment to Westgold Resources under the terms of Sinclair’s acquisition of the project. Sinclair has elected to pay Westgold $5 million in cash for the milestone, resulting in the cancellation of 7.58 million performance rights that would otherwis…