maybe this is the news??From their website "report on mining 2014" :
In the Red Lake camp, Orefinders is well positioned with patented ground located 1800 meters along strike from the Madsen gold deposit on the Derlak gold project. The Derlak patented claims represent prospective land holdings covering more than 2 kilometers of the favorable unconformity known to host major gold deposits in the Red Lake district. In 2013, Orefinders completed preliminary work including a deep penetrating Titan survey and a preliminary diamond drill program which confirmed the location of the gold bearing Austin Tuff horizon which hosts the gold deposit at the adjacent Madsen Mine. In order to obtain a 100% interest in this property, Orefinders needs to complete an additional Cdn $500,000 in exploration expenditures on or before January 19, 2016, subject to a 3% NSR, of which 1% can be purchased for $1 million. The vendor will retain a 2% NSR on this property..
I wonder if they spent the funds necessary to obtain 100% in Derlak property?