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Statut : Green exploration |
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Risques / Pays : Tres bas |
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| Silver Spruce Resources Inc. Option: 100% |
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Titre | Profil de la Compagnie | Tous les projets | Site web de la compagnie | Page projet de la compagnie |
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The property was optioned from prospectors Alex Turpin and Colin Kendall. The option agreement, to earn a 100% interest subject to a 3% NSR with a 1.5% buyback for $1.5M, is a total of $110,000 plus 1.6 M shares over three years. A yearly advance royalty payment of $20,000 per year, deducted from future NSR payments, is payable from the 4th anniversary on. |
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The 121 claim (30 km2) property is located near Thorburn Lake in east-central Newfoundland.
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