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    Magma Enters Joint Venture on Greenwich Lake Property

    Investing News Network
    Oct. 26, 2011 02:23PM PST
    Precious Metals

    Magma Metals Limited (TSX:MMW,ASX:MMW) reported it has entered into a farm-in joint venture agreement with Mega Uranium Ltd (TSX:MGA).

    Magma Metals Limited (TSX:MMW,ASX:MMW) reported it has entered into a farm-in joint venture agreement with Mega Uranium Ltd (TSX:MGA).

    As quoted in the press release,

    The Greenwich Lake property comprises 16 claims covering an area of approximately 22.5 km2 adjacent and to the northeast of the Thunder Bay North project. The property contains a number of magnetic anomalies, which could reflect mafic-ultramafic intrusions of the same type that host the mineral resource in the Current Lake Intrusive Complex, approximately 3 km to the southwest.

    Click here to read the Magma Metals Limited (TSX:MMW) press release.  

    tsx:mmwasx:mmwmega uranium ltdmega uraniumtsx:mgajoint venture
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