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Augyva Mining Resources Inc. (CVE:AUV) reports that the municipality of Oka signed a letter of exclusivity in respect to the land and tailings at the St.Lawrence Columbium site.
Augyva Mining Resources Inc. (TSXV:AUV) reports that the municipality of Oka signed a letter of exclusivity in respect to the land and tailings at the St.Lawrence Columbium site.
The press release is quoted as saying,
In return of a payment of $10,000 (which amount will be i) non-refundable in the event that no agreement will be signed; ii) applied as any payment as agreed between the parties as part of an agreement), Augyva will have access to the Land and Tailings to initiate some studies, all subject to any regulations that may apply. Augyva wishes to acquire this property in order to assess the economic potential of the tailings that were deposited by SLC and, in the event of positive results, make reprocessing followed by development of all lots, according to the desire of the municipality.
For the complete press release, click here.
