Vizsla Copper agrees to acquire Delta VMS, Helm Bay gold projects from Agnico Eagle in share deal
AEM•Vizsla Copper to acquire Alaska projects from Agnico Eagle
Vizsla Copper agreed to buy Agnico Eagle’s 100% interests in Alaska’s Delta base-metals project and Helm Bay gold project.
- Closing is targeted for Q4 2026, subject to TSXV sign-off; the assets include 249 state claims at Delta, and 33 state claims and 642 federal claims at Helm Bay.
- Deal terms include a 2% net smelter return royalty on Delta and a 3% royalty on Helm Bay; the buyback option covers 50% for C$5 million.
- Delta carries a historical inferred resource of 15.4 million tonnes; Vizsla Copper does not treat it as a current resource.
- Delta milestone payments total C$20 million tied to a resource threshold, a feasibility study, and commercial production.
