Sprott Mining Purchases remaining 20% Interest of Jerritt Canyon Gold LLC from White Box

July 1, 2020

JCG Management is pleased to announce that Eric Sprott’s wholly-owned Sprott Mining Inc. has purchased the remaining 20% equity interest in Jerritt Canyon Gold LLC from White Box Advisors of Minneapolis. White Box was the original DIP-lender on the Jerritt Canyon Mine assets and has been Sprott Mining’s equity partner since June of 2015.

This additional investment and acquisition by Sprott Mining is a vote of confidence for all the hard work and efforts undertaken by JCG personnel and our contractors over the last five years, and our collective effort to build a sustainable and long-term gold-mining business. Sprott Mining remains extremely bullish on gold and the untapped potential that still lies on Jerritt Canyon’s mining property in northeastern Nevada.