Hemlo Mining Corp. Lists on TSX Venture Exchange Following Acquisition of Hemlo Gold Mine

Hemlo Mining Corp. has closed the acquisition of the Hemlo Gold Mine in Ontario, Canada from Barrick Mining Corp. for up to $1.1bn. The mine has produced 25 million ounces of gold since 1985 and the company plans to maximize value through a fit-for-purpose operating approach and aggressive brownfields exploration. Hemlo Mining Corp. is led by experienced mining executives and aims to establish itself as a leading Canadian mid-tier gold producer.