Canadian International Minerals Granted Regulatory Relief for Properties

- August 4th, 2015

Canadian International Minerals Inc. (TSXV:CIN) announced that the Saskatchewan government has granted it regulatory relief equivalent to over $1.6 million in exploration expenditures for its four diamond properties.

Canadian International Minerals Inc. (TSXV:CIN) announced that the Saskatchewan government has granted it regulatory relief equivalent to over $1.6 million in exploration expenditures for its four diamond properties.
The relief was granted following government reviews and legal submissions made by the company regarding forest fires in Saskatchewan.
As quoted in the press release:

Canadian International Minerals Inc. holds an interest in over 115,074 hectares (“ha”) of mineral claims proximal to the Pikoo diamond discoveries in northern Saskatchewan. These claims have been broken down into the following groups:
Reindeer: CIN owns 25% of the 67,370 ha properties. Regulatory relief has been granted, and these claims are now valid until November 2016.
Leader: CIN owns 100% of the 13,408 ha properties. Regulatory relief has been granted, and these claims are now valid until April 2017.

Bigstone: CIN owns 100% of the 25,102 ha properties. Regulatory relief has been granted, and these claims are now valid until March 2017.
Three Amigos: CIN owns 50% of the 4,871 ha property. Regulatory relief has been granted, and these claims are now valid until February 2017.
Pikoo Extension: CIN owns 100% of the 4,322 ha properties, with a portion of the properties under 70% option to North Arrow Minerals Inc. and Stornoway Diamond Corp. No regulatory relief applications were submitted for any of these properties.

Click here to read the full Canadian International Minerals Inc. (TSXV:CIN) press release.

Leave a Reply

Your email address will not be published. Required fields are marked *