| Risk and valuation analysis of the Patris Project |
| Status Risk : Green exploration |
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| Title(s) of the Patris Project |
 | Midland Exploration
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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 | Aurizon Mines Ltd
Option on interest: 50% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Aurizon can acquire 50% of Midland’s interest during a four-year period under the following
conditions:
? A total of $230,000 in cash payments including a payment of $40,000 upon signing the agreement;
? A total of $3,000,000 in exploration expenditures including a firm commitment of $600,000 in the
first year. |
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| Location of the Patris Project |
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The project, which comprises 50 claims covering a surface
area of 22 square kilometres, is located in La Pause and Clericy townships, only 30 kilometres
northeast of Rouyn-Noranda, in the Abitibi region of Quebec.
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