Gordon Mining Acquires Tungsten Tail Project in New Mexico
Gordon Mining Group announces the acquisition of the Tungsten Tail Project in Sierra County, enhancing its mineral portfolio.
Noteworthy Acquisition
On November 2, 2026, Gordon Mining Group Inc. finalized its acquisition of the Tungsten Tail Project located in Sierra County, New Mexico. This deal involves a significant investment as part of the Company’s strategic efforts to expand its mineral assets in well-positioned markets.
Details of the Acquisition
The acquisition was executed through a subsidiary, Strata, which acquired 1,500,000 common shares. This acquisition represents approximately 11.02% of the total shares outstanding following the transaction. Prior to the deal, Strata did not own any securities in Gordon Mining.
Of the shares acquired, 1,350,000 are placed in escrow under an Escrow Agreement, allowing Strata to maintain voting rights over all shares. This transaction positions Strata as an insider within Gordon Mining Group.
Strategic Intentions
Strata's objective in acquiring these shares is primarily for investment. The company may consider additional purchases or sales of securities depending on market conditions, while adhering to existing laws and the terms of the Escrow Agreement. Currently, there are no immediate intentions to alter the Company’s securities structure.
About Gordon Mining Group Inc.
Gordon Mining Group Inc. (CSE: GORD) is a Canadian mineral exploration firm that aims to identify and maximize value from mineral opportunities in Canada and other stable regions. The company holds a 100% interest in the Gregory River Property in Newfoundland, covering an area of 5,175 hectares. This site sits over a significant stretch of the Gregory River VMS-belt, known for hosting valuable mineral deposits.
Along with the newly acquired Tungsten Tail Project, Gordon Mining continues to embrace sustainable exploration practices while working closely with local communities, stakeholders, and consultants as part of its ongoing projects.
Contact Information
For further inquiries, please reach out to Ryan Connacher, President and CEO, at [email protected] or call +1 (647) 987-7458. More information can also be found on the official website: gordonmininggroup.com.
None of the securities mentioned have been, nor will be registered under the U.S. Securities Act of 1933 or any state securities laws, and the issuance of such securities will rely on available exemptions.
Forward-looking statements in this press release are subject to certain risks and uncertainties. These statements include expectations regarding the future performance of the acquired properties, potential additional acquisitions, and planned exploration efforts.