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Lion Rock Resources Inc. V.KBG


Primary Symbol: V.ROAR

Lion Rock Resources Inc is an exploration company focused on the exploration and development of the Maybrun property, a gold-copper project located approximately 80 km southeast of Kenora, Ontario.


TSXV:ROAR - Post by User

Bullboard Posts
Post by threepalmson Apr 22, 2014 12:09pm
173 Views
Post# 22476904

big hurdle to jump

big hurdle to jump
Exploration Plans: In order to undertake certain early exploration activities, an 
exploration plan must be submitted, and any surface rights owners must be notified. 
Aboriginal communities potentially affected by the exploration plan activities will be 
notified by the Ministry of Northern Development and Mines (MNDM) and have an 
opportunity to provide feedback before the proposed activities can be carried out. 
Submission of an exploration plan is voluntary beginning November 1, 2012. 
Exploration plans will be mandatory as of April 1, 2013. • Exploration Permits: Some early exploration activities will require an exploration 
permit. Those activities will only be allowed to take place once the permit has been 
approved by MNDM. Surface rights owners must be notified when applying for a 
permit. Aboriginal communities potentially affected by the exploration permit activities 
will be consulted and have an opportunity to provide comments and feedback before a 
decision is made on the permit. Submission of an application for an exploration permit 
is voluntary beginning November 1, 2012. Exploration permits will be mandatory as of 
April 1, 2013

As you can see from the above description.. KBG obtaining this 3 year permit is a BIG deal.

This Menary property has great potential and from what I just read on the MD & A filled yesterday the budget for Menary is $266,000 for this year and the result of the bulk sample as well as furher investigative type work may propel this property forward in the coming months.
Bullboard Posts