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Dundee seeks to earn 71% in Quebec gold property

TSX-listed Dundee Precious Metals (DPM) has entered into an option agreement to earn up to a 71% interest in Khalkos Exploration’s Malartic gold property, in Quebec. Under the terms of the option agreement, DPM can earn an initial 51% interest in Malartic in exchange for C$412 500, the issuance of an aggregate of 70 000 common shares and spending C$2.5-million within three years on the property.