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Avrupa discovered an interesting gold target in the country and allowed Byrnecut to earn an initial stake of 75% after spending a few million dollars on advancing the project. Byrnecut has subsequently increased its stake to 85% after delivering an economic study on the project, and as soon as it reaches a 90% stake, Avrupa's position will be reduced to a 2% Net Smelter .
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VanEck Junior Gold Miners ETF (GDXJ ®) seeks to replie as closely as possible, before fees and expenses, the price and yield performance of the MVIS ® Global Junior Gold Miners Index (MVGDXJTR), which is intended to track the overall performance of smallcapitalization companies that are involved primarily in the mining for gold and/or silver.
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· The search for placer gold and the working of the deposits when found have had much to do with the early development of the West, placer mining has been gradually overtaken and surpassed in importance by lodegold mining, until in 1932 less than a quarter of the country's total gold production was from placers or about an eighth, excluding Alaska. In 1932 .
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