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Newcrest Red Chris Mining Ltd. acquisition of mineral claims from Hawkeye Gold & Diamond Inc. in exchange for cash and royalty consideration

Date Closed

May 31, 2022

Lead Office



1.40 Million CAD

On May 31, 2022, Newcrest Red Chris Mining Ltd. (“Newcrest”) acquired 100% of Hawkeye Gold & Diamond Inc. (Hawkeye)'s interest in mineral claims located in the BC Golden Triangle for total consideration of C$1.4 million and a concurrent grant of 2% net smelter returns royalty by Newcrest to Hawkeye over the acquired mineral claims.

Newcrest is a gold producer company known for strong technical capabilities in exploration, deep underground block caving and metallurgical processing skills.

McCarthy Tétrault assisted Newcrest with a team led by Daniel Bornstein that included Xinya Wang, Michele Zinsli Ma and Victoria Tortora (Business).