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Winston Resources Acquires Etamame Lake Nickel Project
Jun. 29, 2012 09:53AM PST
Base Metals Investing Mineweb reported Winston Resources Inc. (CNSX:WRW) announced it has acquired 100% of the Etamame Lake nickel project.
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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