This confirms that the MOD is goneSee the press release by Tearlach as issued before they went home, west coast time. Now that Tea has done this and it is complete I think they will be more aggressive in the exploration and promotion of their Foy offset properties.
The North range of the basin is getting a lot of attention with other companies. Besides Inco and Falco, Wallbridge, Aurora Platium, Champion Bear, Namex, United Reef and even Crowflight are or have or are about to drill etc.
The folks at Tea just got to move a little faster.
wally
2110–1177 W. Hastings St. Vancouver, B.C. V6E 2K3 Tel: (604) 688-5007 Fax: (604) 681-5259
Toll Free: 1-888-955-5656
MOD UPDATE
Dateline, Thursday, April 15, 2004, Vancouver, BC, Canada: Tearlach Resources (TSX.V: TEA)
wishes to advise that following the prior announcement of February 6th
, 2004, exchange of final documentation terminating the Company’s option interest in the Mystery Offset Dyke in the Sudbury Basin has been completed. The exchange included a general release in favour of the Company from the vendor, Mr. Tom Poupore and a transfer of title to the Vendor of the Patented mineral claim.
The Company will be providing an update on it Foy Hess properties in the near future.
On behalf of the Board of Directors
Malcolm B. Fraser, President