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Rover Metals Corp. has extended the deadlines under the definitive assignment agreement for the Up Town gold project in the Northwest Territories, Canada.
Mr. Judson Culter reports
ROVER ANNOUNCES EXTENSION OF DEADLINES FOR UP TOWN GOLD ASSIGNMENT AGREEMENT
Further to its release of Dec. 7, 2020, and June 3, 2021, Rover Metals Corp. has extended the deadlines under the definitive assignment agreement for the Up Town gold project in the Northwest Territories, Canada.
The Up Town gold assignment agreement
Rover has assigned the right to earn a 75-per-cent ownership in the Up Town gold project in the Northwest Territories, Canada, to Melius Capital Corp. Rover will retain a 25-per-cent interest in the project.
Melius Capital
Melius Capital seeking a public listing of its shares on the Canadian Securities Exchange in Q3 2021, and expects to change its name to Artic Fox Minerals.
Extension of deadlines in the assignment agreement
Melius has now been granted until Dec. 31, 2021, to incur $500,000 in exploration expenditures on the property (formerly June 30, 2021); and until Dec. 31, 2022, to incur an additional $725,000 in exploration expenditures on the property (formerly June 30, 2022).
About Rover Metals Corp.
Rover is a precious metal exploration company specialized in North American precious metal resources that is currently advancing the gold potential of its existing projects in the Northwest Territories of Canada (60th parallel).
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