Ring of Fire Resources Inc. (TSXV:ROF,FRA:RG5,PINK:HWKPF) announced it will divest its 36.75% interest in the McNugget project.

The press release is quoted as saying:

The McNugget JV Project is comprised of 6 claim blocks consisting of 92 claim units and totalling 1554 hectares and has drill-identified Vanadium Targets over 8km in strike length within large Titano-Magnetite bodies averaging 5.9m in down-hole thickness and down to 125m vertical depths based on the current drilling data.

To read the full press release, click here.