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Northern Lights Resources Corp C.NLR

Alternate Symbol(s):  NLRCF

Northern Lights Resources Corp. is an exploration and development company. The Company is engaged in advancing two projects: The 100% owned, Secret Pass Gold Project located in Arizona and Caldera Copper Project located in Lincoln County, Nevada. The Secret Pass Gold Project totals over 271 hectares (ha) comprised of one State mineral license (212 ha) and eight Bureau of Land Management mineral claims (65 ha). The Caldera project consists of over 55 BLM mineral claims with a total area of approximately 418 hectares. It also holds a 1% NSR royalty on the Medicine Springs Silver Project in Nevada. The Medicine Springs Project is located on the eastern edge of the Carlin Trend in southeastern Elko County, Nevada. Medicine Springs is a district scale exploration project comprising over 599 mineral claims over a total area of approximately 4,830 ha. It also has an option agreement to acquire a 100% interest in the Horetzky Copper Project located in the Babine porphyry copper belt.


CSE:NLR - Post by User

Comment by ValueProon Dec 15, 2022 1:19pm
114 Views
Post# 35173717

RE:RE:RE:RE:News follow-up

RE:RE:RE:RE:News follow-up"If there was something so special, Reyna would have came to them....which I doubt was the case."

Doubting means you don't know.  But it's of no matter.  My point is both companies are better off by this, and NLR is, by all appearances not being abused by the deal.  It remains a fact that Reyna could have waited a few more weeks for drilling results to affirm their vision of the potential but didn't.  Could it be that another party was interested in that 20 percent?

Besides, since when does any public business do deals out of pity?  That's a sure way for BOD members and executives to lose their positions.

And good luck to you too,

VP

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