Properties: Maro

Property Description

The Company signed an option agreement to acquire 50% of the property by issuing 750,000 common shares on the agreement date. These common shares are accounted in common shares to be issued at October 31, 2007. The Company must contribute to 50% of the exploration and development costs for a total amount of $300,000 over the next three years.  At October 31, 2007, $14,063 acquisition cost of the property and $33,013 exploration work were incurred. This property is situated in the Lower James Bay Lowlands in Quebec and consists of 9 units covering 461 hectares.

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