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Fjordland Exploration Inc. (CVE:FEX) and Cariboo Rose Resources Ltd. (CVE:CRB) report Woodjam JV and Gold Fields Limited’s (NYSE:GFI) have signed an option agreement for Magalloy-Magex property.
Fjordland Exploration Inc. (TSXV:FEX) and Cariboo Rose Resources Ltd. (TSXV:CRB) report Woodjam JV and Gold Fields Limited’s (NYSE:GFI) have signed an option agreement for Magalloy-Magex property.
The press release is quoted as saying:
The Magalloy-Magex Property is located 3.5 km to the south-southwest of the Megabuck Zone and 1 km to the west of the Takom Zone on the Woodjam North Property. The Magalloy-Magex option is underlain by extensive glacial drift; however, a few exposures of intrusive rocks and Nicola Group volcanic rocks have been mapped. Previous soil, silt and lake geochemical surveys indicate copper and molybdenum anomalies on the Property.
Click here to access the entire news release.
