Canadian mineral exploration and development company Arizona Mining has closed a C$15.6-million financing with Osisko Gold Royalties, enabling the company to undertake an aggressive drill campaign at its flagship Taylor deposit, and for general working capital uses.
TSX-listed Arizona has sold a 1% royalty on any lead/zinc/silver sulphide ores mined from its Hermosa project, located in Arizona, for proceeds of C$10-million.
