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GoldCorp Holding, Co. (GHDC) Receives First Lease Payment From Silver Falcon Mining, Inc.
Jun. 16, 2010 02:16PM PST
Gold InvestingGoldCorp Holdings, Co. (OTCBB: GHDC) announced that it has received its first lease payment from SILVER FALCON MINING, INC. (OTCBB: SFMI). Under the lease terms, Silver Falcon Mining, Inc. will pay approximately $83,000.00 per month for the next 16 years which grants it the exclusive mining rights to War Eagle Mountain.
GoldCorp Holdings, Co. (OTCBB: GHDC) announced that it has received its first lease payment from SILVER FALCON MINING, INC. (OTCBB: SFMI). Under the lease terms, Silver Falcon Mining, Inc. will pay approximately $83,000.00 per month for the next 16 years which grants it the exclusive mining rights to War Eagle Mountain.
The press release is quoted as saying:
Recently, Silver Falcon Mining, Inc. reported that its Diamond Creek Mill facility had started milling operations as of May 17, 2010. As SFMI continues to operate, GHDC remains assured that payments will be met per terms and condition of the mining lease. Noteworthy, SFMI paid GHDC its lease payment two weeks ahead of the scheduled date, July 1, 2010.
Click here to access the entire press release