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NioGold and Geomega Amend Option Agreement for the Montviel and Pump Lake Properties
May. 05, 2011 12:00PM PST
Gold InvestingNioGold Mining Corporation (CVE:NOX) & Geomega Resources Inc. (CVE:GMA) report that they have entered into an amending agreement with respect to the Montviel and Pump Lake option agreement.
The press release is quoted as saying:
GéoMégA will continue to have an option to acquire up to a 100% interest in the Pump Lake Property. In order to exercise the option for an initial 75% interest, GéoMégA shall incur an aggregate of $400,000 in exploration expenditures in stages on or before September 30, 2014.
Click here to access the entire news release.
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