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Duparquet Project
Duparquet
Country Canada 
Province Quebec
Close to Duparquet
Status ADVANCED DISCOVERY 
Surface 3 km² / 724 acres Number of claims 18
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Valorisation
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Produces
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Explores for Gold -
Last updated on 10/18/2011 - Terms of Use
Risk and valuation analysis of the Duparquet Project
Status Risk : Advanced discovery
Country Risk : Very Low
Title(s) of the Duparquet Project
Clifton Star Resources
Owner: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Osisko Mining Corp.
Option on interest: 50%
Company ProfileAll ProjectsCompany website
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Osisko has the right to acquire a 50% interest in the Duparquet project in consideration for (1) total exploration expenditures of $70 million from 2010 to 2013, and (2) extending loans to Clifton to fund option payments on the property of $8.5 million for 24 months and $22.5 million for 36 months. These loans would carry interest at 5% and can be converted into stock at Clifton's choice
Location of the Duparquet Project
The project is constitued of Eighteen contiguous claims situated between the Donchester & Dumico property.
 
Data last updated on : 10/18/2011
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