Ruby Red Resources Enters Into Option Agreement on the LOV Property
Ruby Red Resources Inc. (CVE: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.
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.