Golden Jubilee : Project Plans

In December 2012, the Company leased its Golden Jubilee property to the same company, who purchased Watseca, on a royalty basis whereby the Company will receive a 3% net smelter royalty on production.  The lessor has the option to purchase 2% of the royalty for a cash payment of $2 Million dollars.  The lessor has permitted the Golden Jubilee for bulk sample in the fall of 2013.  As of December 31, 2013 the lessor has successfully de-watered the mine and removed ore samples which were very encouraging. The lessor has an aggressive plan to remove and process a large bulk sample in early 2014.

Current Teras Stock Price
Last Trade 0.11 (+0.00)
12:33pm, 9/22/2017
View Detailed Stock Information

Current Gold Price $CAD

Current Gold Price in $CDN

Teras News

August 26, 2017
Teras Initiates Exploration Program At Cahuilla

More Details

July 11, 2017
Teras Annouces Increase To And Closing Of Unit Private Placement For Its Upcoming Drilling Program

More Details

April 20, 2017
Teras Reports Positive Results On Its Cahuilla Gold Project

More Details

April 11, 2017
Teras Provides Shareholders With Project Updates

More Details

November 18, 2016
Teras Reports Positive Results From Its Recent Sampling Program

More Details

October 6, 2016
Teras Prepares Cahuilla Project For Expansion

More Details