Rae Wallace Mining Company Acquires Rights to Eight Peru Gold Properties
Investing News Network - July 8th, 2010
Rae Wallace Mining Company (PINKSHEETS: RAEW) of Reno, NV, announced it has completed an option agreement with Geologix Explorations Inc. (TSX: GIX) of Vancouver, BC, granting Rae Wallace the right to earn a 100% interest in eight Peruvian gold-silver properties.
Rae Wallace Mining Company (PINKSHEETS: RAEW) of Reno, NV, announced it has completed an option agreement with Geologix Explorations Inc. (TSX: GIX) of Vancouver, BC, granting Rae Wallace the right to earn a 100% interest in eight Peruvian gold-silver properties.
The press release is quoted as saying:
Rae Wallace and Geologix signed a Letter of Intent on March 8, 2010 and signed the definitive agreement on July 8, 2010.