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Virginia Energy Options Hawk Ridge Copper-Nickel-PGE Mine

Written by Investing News Network
|
Apr. 10, 2012 02:19PM PST

Virginia Energy Resources Inc. (TSXV:VAE,OTCQX:VAERF) announced a definitive agreement to option its Hawk Ridge copper-nickel-PGM property to Orient Venture Capital Inc. (TSXV:OVC.H).

Virginia Energy Resources Inc. (TSXV:VAE,OTCQX:VAERF) announced a definitive agreement to option its Hawk Ridge copper-nickel-PGM property to Orient Venture Capital Inc. (TSXV:OVC.H).

As quoted in the press release:

Hawk Ridge is located 130 km north of Kuujjuak in the Labrador Trough and includes several deposits with significant past drilling.

The acquisition, when completed, will constitute the “Qualifying Transaction” of OVC pursuant to the policies of the TSX Venture Exchange. The resulting issuer will be re-named Nickel North Exploration Corp.

Click here to read the Virginia Energy Resources Inc. (TSXV:VAE) press release.  

tsxv:vae labrador trough venture capital otcqx:vaerf
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