Ruby Red Resources Enters Into Option Agreement on the LOV Property

Ruby Red Resources Inc. (TSXV:RRX) announced that it has entered into an Option Agreement with Bearclaw Capital Corp. (TSE-V) pursuant to which Ruby Red has granted Bearclaw the option to earn a 65% interest in the Company’s LOV property, a 197 claim unit located 30 km west of Cranbrook, British Columbia.

The press release is quoted as saying:

Ruby Red is a small company with a large land position: approximately 50,644 hectares (125, 141 acres) in southeastern British Columbia, Canada.

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