Pegasus Resources Expands Gold Mountain Project with New Acquisition

Pegasus Resources Inc. has strategically acquired additional claims adjoining its Gold Mountain Project in British Columbia, doubling its project area to approximately 1,862 hectares. This acquisition aims to unlock further exploration and drilling opportunities, focusing on high-grade polymetallic potential.

The Gold Mountain Project, rich in precious metals, shows promising historical and modern exploration results. Highlights include significant grades of gold, silver, copper, and lead. The recent claims extend the project's mineralization trend, offering potential for new discoveries.

CEO Christian Timmins emphasizes that this expansion reflects Pegasus' commitment to enhancing asset value and exploring new monetization avenues while maintaining focus on uranium assets in the U.S. The newly acquired area strengthens project scope, highlighting its strategic position within a historic mining region.