NQ Exploration Inc. (TSXV:NQE) has sold its Star Lake property to Minerva Financial Corporation, a private company, in consideration of 2,000,000 class “A” shares of the private company valued at $0.10 per share, for a transaction value of $200,000.
As quoted in the press release:
Star Lake is a grassroots prospect with U, Cu and Au potential. It lies in the Opinaca metasedimentary geological subprovince, which is part of the Superior province. The region is dominated by Archean biotite migmatites and biotite paragneiss (metamorphosed sediments) of the Laguiche Group. The property lies about 50 km north of Goldcorp’s Éléonore gold project, where the mineralization is hosted by the Laguiche Group.
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