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NovaGold Resources Inc. (TSE:NG,AMEX:NG) and Copper Canyon Resources Ltd. announced the completion of a plan of arrangement for Copper Canyon to become a subsidiary of NovaGold.
NovaGold Resources Inc. (TSX:NG,AMEX:NG) and Copper Canyon Resources Ltd. announced the completion of a plan of arrangement for Copper Canyon to become a subsidiary of NovaGold.
The press release is quoted as saying:
“This arrangement consolidates our ownership in the Galore Creek area, offers additional exploration upside and simplifies infrastructure development for the Galore Creek project,” said Rick Van Nieuwenhuyse, President & CEO of NovaGold.
Click here to read the entire news release.
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