McFarlane to acquire the Juby gold project from Aris Mining for $22m.

McFarlane, a Canadian gold exploration and development company, agreed to acquire the Juby gold project, a gold exploration project near the Timmins gold camp in the southern Abitibi greenstone belt of Ontario, from Aris Mining, an exploration and mining services company, for $22m. "Our team is very excited to be working with Aris Mining on the acquisition of the Juby Gold asset. The addition of this project to McFarlane's portfolio will be accretive to our business and ultimately shareholder value. This acquisition transforms our junior gold exploration company into a gold exploration and development company," Mark Trevisiol, McFarlane CEO and Chairman.