ValGold revises agreement on Tower Mountain gold property, Ontario
Thursday, Jan 24, 2013
ValGold Resources Ltd. (TSX VENTURE:VAL)(FRANKFURT:VR2) ("ValGold") is pleased to report that it has revised the binding letter agreement (the "Option Agreement") with Revolver Resources Inc. ("Revolver") for ValGold's 100%-owned Tower Mountain gold property in north western Ontario. The Option Agreement was previously announced in a news release dated September 19, 2012. The revised agreement is subject to TSXV approval.
All other terms of the Option Agreement as disclosed in the September New Release remain unchanged.
Revolver has completed an updated National Instrument 43-101 report on the Tower Mountain Property which will be filed with the TSX Venture Exchange and posted on SEDAR once acceptance has been received for the transaction.
Other Metal News
- Endeavour Mining Files Technical Report For Houndé Gold Project Feasibility Study
- North American Nickel Inc. announces 100 new exploration targets identified at Maniitsoq
- Belo Sun receives environmental approval for the development of its Volta Grande Gold Project, Brazil
- Severstal Russian Steel’s distribution network more than doubles EBITDA in 9M 2013