Gold, Platinum, Nickel, Copper and Base Metal Exploration
Active in resource exploration throughout Ontario, New Brunswick, Quebec, China and Mexico
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Noront Resources > Message
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Re: AT 12 and it's neighbor - cruisie : NOT/FWR JV

Posted by: hoov on July 19, 2008 05:06PM

In response to: Re: AT 12 and it's neighbor... by happyappie6

You were almost right.....substitute hectares where you said hectares, and it *is* about thirty.......From the May 14 NR:

"Under the terms of the agreement ("FWR-NOT JV"), Freewest will contribute 68 acres (27.5 hectares) comprising a small portion of their 100%-owned property. Noront in turn, will contribute 70 acres (28.3 hectares) of their adjoining land to collectively form the joint-venture property ("the Property"). "

The target happened to lie such that the claim "property lines" went right up the middle. NOT put up an L-shaped piece, and FWR cut the corner out of their square (the 100%-owned block), to create the JV lands.

Lar

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