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    Stillwater Withdraws from Gossan’s Bird River Project

    Investing News Network
    Feb. 24, 2012 02:20PM PST
    Precious Metals

    Gossan Resources Limited (TSXV:GSS) announced Stillwater Canada Inc. is resigning as manager and withdrawing from its joint venture agreement regarding the Bird River property.

    Gossan Resources Limited (TSXV:GSS) announced Stillwater Canada Inc. is resigning as manager and withdrawing from its joint venture agreement regarding the Bird River property.

    As quoted in the press release:

    Currently Gossan holds an approximate 45% interest in the Bird River Project which will revert to a 100% interest with Stillwater’s withdrawal.

    The Bird River Property, which covers over 9,000 hectares along 22 kilometres of the Bird River Sill Complex, hosts two known deposits – the Page and the Ore Fault. The Complex carries significant concentrations of palladium and platinum along with nickel, copper, zinc and chromite. The Bird River Property is located in southeastern Manitoba about 40 km east of Lac Du Bonnet and, along the Sill, immediately adjacent to the west and northwest of Mustang Minerals’ Makwa (formerly Maskwa) Deposit.

    Click here to read the Gossan Resources Limited (TSXV:GSS) press release.  

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