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Atlantic Gold has former landowner’s stay motion against land title vesting order at Touquoy gold project dismissed.

Atlantic Gold, the ASX-listed company focused on exploration and development of open pit gold deposits in Nova Scotia, has announced that a stay motion brought by a former landowner against the vesting order issued for the final remaining private property required to develop the Touquoy gold project in Canada has been dismissed and Atlantic Gold will now move to conclude the project’s financing and development.

“The dismissal of the stay motion forcefully confirms the company’s legal right of access to this last of 63 private properties required to advance project financing and move ahead with development of the project,” says Atlantic Gold. “The Touquoy gold project is Altlantic Gold’s most advanced asset and is a near-term development project. In conjunction with the nearby Cochrane Hill gold project, the company plans to develop a significant gold mining operation in Nova Scotia.”

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