GreenLight Resources Inc. (TSXV:GR,OTCBB:PRZCF) announced that the Company has entered into an option agreement on the Otter Lake property in northern Charlotte County, New Brunswick with Portage Minerals Inc. and Rockport Mining Corp.
As quoted in the press release:
Greenlight can acquire up to a 50% interest in the Otter Lake property. A 25% interest can be earned by incurring exploration work of $300,000 by May 2, 2013. A further 25% interest can be earned by incurring a further $300,000 in exploration work by November 2, 2014.
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