Valencia Announces Acquisition of the Agnew Lake Uranium-Rare Earth Property

- July 9th, 2010

Valencia Ventures Inc. (TSX VENTURE:VVI) announced that it has entered into a purchase and sale agreement with Nyah Resources Corp. (TSX VENTURE:NRU) to acquire a 100% interest in the Agnew Lake property from Nyah.

Valencia Ventures Inc. (TSX VENTURE:VVI) announced that it has entered into a purchase and sale agreement with Nyah Resources Corp. (TSX VENTURE:NRU) to acquire a 100% interest in the Agnew Lake property from Nyah.

The press release is quoted as saying:

The Agnew Lake property consists of two separate exploration claim blocks comprised of the Agnew Lake North Uranium property (the “Agnew Lake North Uranium Property”), which is the most advanced of the two claim blocks, and the Agnew Lake South property (the “Agnew Lake South Property”). The Agnew Lake North Uranium Property consists of seven unpatented mining claims (covering 1,032 ha, or 2,550 acres) located approximately 75 kilometres by road west of Sudbury, Ontario, in Hyman and Porter Townships.

Click here to access the entire press release

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