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Alterra Resources & Great Western to Explore Labrador Property

Investing News Network
Apr. 12, 2010 03:00PM PST
Base Metals Investing

Search Minerals Inc. (TSX VENTURE:SMY) and Great Western Minerals Group Ltd. (TSX VENTURE:GWG) of Saskatchewan, reported that GWG and Alterra Resources Inc., a wholly-owned subsidiary of the Company, have entered into an option agreement whereby GWG can acquire up to a 50% working interest in Alterra’s Red Wine property.

Search Minerals Inc. (TSX VENTURE:SMY) and Great Western Minerals Group Ltd. (TSX VENTURE:GWG) of Saskatchewan, reported that GWG and Alterra Resources Inc., a wholly-owned subsidiary of the Company, have entered into an option agreement whereby GWG can acquire up to a 50% working interest in Alterra’s Red Wine property.

The press release is quoted as saying:

Search Minerals Inc. and its wholly-owned subsidiary, Alterra Resources Inc., are Canadian resource companies focused on the acquisition and exploration of a variety of base metals, gold, rare earths, uranium and potash projects. Great Western Technologies Inc., located in Troy, Michigan, produce a variety of specialty alloys for use in the battery, magnet and aerospace industries. These “designer” alloys include those containing aluminum, nickel, cobalt and the rare earth elements.

Click here to access the entire press release

Click here to access Search Minerals Corporate Site

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