North Arrow Minerals Inc. (TSXV:NAR) signs a Letter of Intent to acquire a 100% interest in the Agua Grande gold-copper project.

The press release is quoted as saying:

North Arrow executed the LOI with Chilean individuals who are the underlying owners of the Agua Grande project (“the Owners”). Under the terms of the LOI, North Arrow has made a cash payment of US$50,000 for the exclusive right to conduct technical and legal due diligence over a period of up to 90 days before executing a Definitive Agreement.

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