Voto sign J/V with neighbour at Goodwin
posted on
Apr 03, 2013 06:50AM
Gold and Base Metal Projects (Ontario and New Brunswick)
Halifax, Nova Scotia CANADA, Apr 02, 2013 (Filing Services Canada via COMTEX) -- Mountain Lake Minerals Inc. (MLK - CNSX),("Mountain Lake" or the "Company") is pleased to announce it has entered into an Option and Joint Venture Agreement ("OJVA"), granting Votorantim Metals Canada Inc. ("Votorantim") an option to earn a 70% interest in the Goodwin Lake nickel-zinc property (the "Property") located in the Brunswick Mining Camp, New Brunswick.
Looks like Zypher let go of the Ont. J/V with Slam and Namex was given an extension till March 31. ???
"Zephyr has ended its option agreement with SLAM Exploration on the Keezhik gold claims in northern Ontario. Although a successful 2012 prospecting program resulted in a new gold showing, the Company intends to focus its efforts on developing the advanced stage Dawson Gold Property as well as identifying and acquiring additional advanced gold projects with comparable attributes to Dawson."
http://www.zephyrminerals.com/s/news.asp?ReportID=574486
The vendor retains a 2.0% NSR in the property. The company has the right to purchase one half of the NSR