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Aben Resources Options Rude Creek South Gold-Molybdenum Property
Mar. 14, 2011 09:55AM PST
Industrial MetalsAben Resources Ltd. (CVE:ABM,FRA:E2L) announced it has entered into an option agreement to acquire the Rude Creek South property in Yukon.
Aben Resources Ltd. (TSXV:ABM,FRA:E2L) announced it has entered into an option agreement to acquire the Rude Creek South property in Yukon.
The press release is quoted as saying:
Under the terms of the Agreement, the Company has been granted the option to earn a 100% interest in the 127 sq. km Rude Creek South property by making a $300,000 cash payment to the Optionor and incurring $1,500,000 in exploration expenditures on the property on or before the third anniversary date of the Agreement.
To read the full press release, click here.