https://www.miningweekly.com
Cadillac Mines|Pan American Silver|Kerr-Addison|Gold Mining|Rick Howes|Ontario|Abitibi Greenstone Belt
|||||
cadillac-mines|pan-american-silver|kerr-addison|gold-mining|rick-howes|ontario|abitibi-greenstone-belt

Cadillac welcomes Pan American Silver as shareholder after Larder deal

Cadillac Mines drill core

Cadillac Mines drill core

16th September 2026

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

TSX-listed Cadillac Mines has completed the acquisition of Pan American Silver Corporation's Larder property, having issued Pan American with 15-million of its common shares in exchange.

Pan American Silver now owns about 6% of Cadillac's issued and outstanding share capital.

The Larder property, in Ontario, comprises 6 400 ha along the Larder Lake Cadillac Break, which is contiguous to Cadillac Mines' Kerr-Addison property to the west.

Larder comprises three mineral deposits called Bear, Cheminis and Fernland, with historical resources of 388 000 oz of gold in the indicated category, and 933 000 oz of gold in the inferred category.

Cadillac's total land position now exceeds 27 000 ha in the Abitibi Greenstone Belt.

Cadillac CEO Rick Howes has welcomed Pan American as a strategic shareholder and says adding Larder to the company's already robust portfolio of assets along the Cadillac Larder Break increases the group's gold resource base, grows its land package and further enhances its regional exploration potential. "We plan to deploy a number of our 11 currently active drill rigs to Larder in the near term," Howes confirms.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Sweet-Orr
Sweet-Orr

Sweet-Orr, established in 1871, is a global leader in superior protective workwear, known for quality, innovation, and performance.

VISIT SHOWROOM 
Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.03 0.052s - 117pq - 2rq
Subscribe Now