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Post by Franko10 ™ on Oct 16, 2005 13:51:17 GMT -5
Petro Plus Inc. acquires gold property in Ontario, adjoining Morgain Minerals Inc. Horwood Township gold discovery - MGM-VSE
Business Wire, Dec 18, 1995
EDMONTON, Alberta--(BUSINESS WIRE)--Dec. 18, 1995--The Company has entered into an agreement to earn a 100% interest, subject to a 3% Net Smelter Royalty, on 5 claims covering 1680 acres.
Petro must make payments totalling $205,000.00, issue 100,000 shares and carry out $200,000 in exploration work over the next 3 years to complete the option.
A program consisting of linecutting and geophysics will be carried out before the spring of 1996, on the western extension of the Destor Porcupine Pault which passes through the eastern portion of the property.
The Alberta Stock Exchange has neither approved or disapproved of the information contained herein.
CONTACT: Urban Casavant, Public Relations
Office; Telephone (306) 922-6065,
Head Office (Admin); Phone (403) 421-9090,
Fax (403) 421-9711.
COPYRIGHT 1995 Business Wire
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