Kirrin Resources Bottom Brook REE Project AwardedKirrin Resources Bottom Brook REE Project Awarded $100,000 Grant by Government of Newfoundland and Labrador
Last Update: 11/2/2011 8:31:39 AM
CALGARY, ALBERTA, Nov 02, 2011 (MARKETWIRE via COMTEX) -- Kirrin Resources Inc. (KYM) today announced that it has been advised by the Department of Natural Resources of the Province of Newfoundland and Labrador that Kirrin's application for Junior Exploration Assistance under the Mineral Incentive Program has been successful. The grant of $100,000 will be used for the drilling program at the Bottom Brook project scheduled to commence shortly.
Kirrin President and CEO Derek Moran commented: "The Junior Exploration Assistance program is just one example of the encouragement we have received since we commenced exploration in the Province of Newfoundland and Labrador. Its Department of Natural Resources has been of considerable support to Kirrin, displaying both pragmatism and commercial understanding."
Kirrin also announced that it expects the private placement announced on October 20, 2011 to close on or about November 23, 2011.