Mason Res Corp MSSNF

Maybe we get lucky and this will apply

[jmlguy]

A new Turkish mining law has passed and was just ratified. Changes are generally pro

business/mining activity. One of the more significant changes allows for exploration

concessions to be worked for a total of seven years (was five) before converting to mining

licences or reverting to the state. Mining regulations that will define many of the details

relating to the mining law are expected to be completed within 90 days, but could be

forthcoming within weeks. Until the regulations are in place, new permitting of

exploration and development activity is on hold. Current drilling, conducted under

previous permitting, is continuing. The corporate tax rate in Turkey is 20%. There is a

2% royalty on gold production and exemption from an 18% VAT to miners