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Metanor Resources MEAOD

Metanor Resources Inc is engaged in the production and sale of gold as well as acquisition, exploration, and development of mining properties. It projects include the Moroy Project and Barry project among others.


OTCPK:MEAOD - Post by User

Bullboard Posts
Post by nor_easteron May 08, 2014 12:50pm
220 Views
Post# 22539340

MTO - EAG ... VGQ: Large player already "on the ground"

MTO - EAG ... VGQ: Large player already "on the ground"Please do your own due diligence.

What is interesting is that EAG was unable to purchase this NSR for their own account...Virginia Mines likes and wants an interest in this area.

Source Link:[url= https://minesvirginia.com/en/index.php/press-en/virginia-mines-acquires-a-0-5-nsr2014-04-08/]Virginia Mines- news[/url]
Virginia Mines Acquires a 0.5% NSR

 

QUEBEC CITY, QUEBEC--(Marketwired - April 8, 2014) - Virginia Mines Inc. (TSX:VGQ) ("Virginia") is pleased to announce that it has entered into an agreement with Alto Ventures Ltd. ("Alto") pursuant to which Virginia acquires Alto's underlying 0.5% net smelter return royalty (NSR) in the Windfall and Alcane properties (the "Agreement") covering most of the Windfall Lake gold project.

About Virginia

(TSX:VGQ) Virginia conducts its exploration activities over the vast, unexplored territories of Northern Quebec in order to create value for its shareholders while protecting the quality of life for both present and future generations. With a working capital position of $40.4 million as at November 30, 2013, and a large area of mining claims in Quebec North, Virginia is among the most active mining exploration companies in Québec.

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