Eagle Plains Resources Ltd. (TSXV:EPL,OTC Pink:EGPLF) and Navy Resources Corp. announced the execution of an option agreement regarding the British Columbia-based Vulcan property.
As quoted in the press release:
Under terms of the agreement, Navy will complete exploration expenditures of $3,000,000, make cash payments of $250,000 and issue 1,000,000 common shares to Eagle Plains over a fifty-four month period.
Are you thinking of investing in zinc – “the 2nd best-performing metal of 2016” after silver?
Find out everything an investor needs to know about the zinc market. Click below to download a FREE industry report on zinc investing.