While the merger between the two has yet to be finalized, Timmins-area miner Apollo Gold Corporation and Linear Gold Corp. have decided on a new corporate identity and name, Brigus Gold Corp.
First announced on April 1, the merger is expected to close by the end of June 2010, subject to regulatory, court, and shareholder approvals.
The combined company's focus will be centered on optimizing the Black Fox mine operations 75 kilometres east of Timmins, including the associated mine, mill and the adjoining Pike River and Grey Fox properties. The company will also seek to advance to production the Box deposit at the Goldfields property in Saskatchewan, and look at strategic advancement of the Ixhuatan and Huizopa gold projects in Mexico.
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