see full release on TME.....heres the meat.....NOT related....
The Companies also announce that Noront Resources Ltd. ("Noront") has entered into an option and joint venture agreement (the "Agreement") to earn an interest in the Property. Noront can earn a 10% interest by paying $100,000 upon execution of the Agreement and by spending $500,000 in exploration in the first year. Noront can earn up to a 60% interest by making payments totalling $600,000 and spending $4.5 million over three years. The Agreement is subject to the approval of the TSX Venture Exchange.