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Fjordland Exploration Inc. (TSXV:FEX) announced that Capstone Mining Corp. (TSX:CS) has sanctioned a financing and work program for the Phase 4 at the Tak Project.
Fjordland Exploration Inc. (TSXV:FEX) announced that Capstone Mining Corp. (TSX:CS) has sanctioned a financing and work program for the Phase 4 at the Tak Project.
As quoted in the press release:
The Tak portion of the project consists of 9 non-contiguous claim blocks (Moffat, Moffat East, Tisdall, Canim, Howard Lake, LaHache, Hazel North, Hazel South and HR), with a total area of 48,350 hectares. To date, under the option agreement, Capstone has funded exploration expenditures totaling $827,087.09 in three phases of work on the Tak portion. Phase 3 expenditures completed during 2011 totaled $526,790.
Click here to read the Fjordland Exploration Inc. (TSXV:FEX) press release.
