Mineweb reported Winston Resources Inc. (CNSX:WRW) announced it has acquired 100% of the Etamame Lake nickel project.

As quoted in the market news:

The total acquisition price was $372,500 payable in a combination of cash and newly issued shares of Winston.

Etamame consists of 10 claim blocks totalling 142 claim units that have not previously been drilled. Geotech Ltd. carried out a VTEM AEM survey over Etamame in March 2011, which identified numerous prospective targets associated with strong magnetic anomalies. Winston believes that Etamame represents a highly prospective potential nickel deposit that justifies a drilling program.

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