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Regal Resources Inc RGARF

"Regal Resources Inc, through its subsidiary, is engaged in the acquisition, exploration and development of mineral properties."


GREY:RGARF - Post by User

Post by gameofboneson Aug 15, 2017 1:47pm
78 Views
Post# 26583917

Regal Resources Inc News

Regal Resources Inc News [url=https://wwwa.stockwatch.com/News/Item.aspx?bid=Z-C%3aBRO-2495507&symbol=BRO®ion=C]Regal News[/url]

Data missing from previous post:



Highlights from TCH-2 include:

 Drill Hole From To Vertical Thickness Cu% Pb% Zn% Ag oz/st (feet) (feet) (feet) TCH-2 4127 4166 39 0.71 0.21 0.12 1.20 4195 4209 14 2.32 0.73 0.09 5.90 4653 4710 57 1.3 5.00 12.2 10.80 4767 4891 124 0.23 0.86 14.10 7.40 

The following is a summary of the Option earn-in requirements:
 

 Period C$ Cash Exploration Number of Shares Requirement C$ To Earn 51% Interest Upon execution of Definitive Agreement $100,000 (paid) Within 3 days following conditional acceptance of TSXV 650,000 - 1,250,000 On or before end of Year 1 * 1,200,000 3,000,000 3,850,000 On or before end of Year 2 1,000,000 3,000,000 5,000,000 To Increase Interest to 67.5% On or before end of Year 3 - 3,000,000 - On or before end of Year 4 550,000 3,000,000 4,900,000 Total: C$3,500,000 C$12,000,000 15,000,000
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