ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

CPM Crystal Peak Minerals Inc

0.01
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Crystal Peak Minerals Inc TSXV:CPM TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.01 0.01 0.015 0 01:00:00

Trio Grants a Non-Exclusive Extension to Coastal Pacific Mining Corp.

31/07/2009 5:44pm

Marketwired Canada


Trio Gold Corp. (TSX VENTURE:TGK) (PINK SHEETS:TROOF) ("Trio") and Coastal
Pacific Mining Corp. ("CPM") have amended their May 19th, 2009 Option Agreement.



Under the amended terms Trio has granted CPM a non-exclusive extension until
October 15th, 2009 to provide US$ 1,000,000 in exploration funds for Trio's
Rodeo Creek property. CPM can earn a 40% working interest in the property by
providing a total of US$2,000,000 by July 15th, 2010. CPM has the right to earn
a total of 70% interest by completing a bankable feasibility. Trio has received
300,000 shares of CPM in accordance with the original agreement. Management took
into consideration the current market conditions, and believes that this
non-exclusive extension is in the best interest of Trio's shareholders. 


The Carlin Trend is the most prolific gold area in North America, and hosts as
many as thirty gold producing mines and development projects, on which over 100
million ounces of gold production and inventory have been identified to date.
The Rodeo Creek property is located 1.5 kilometers northwest of Barrick's Storm
deposit. Trio's property exhibits geological and alteration features common to
all deposits on the Carlin Trend. Five geochemically anomalous targets have been
identified, and the drill program planned for this year will test a number of
these. 


CUSIP #89669C-108, Exemption #82-2127

For further information on the contents of this news release or the activities
of the Company, contact Mr. Harry Ruskowsky, President & CEO at (403) 262-9640.


1 Year Crystal Peak Minerals Chart

1 Year Crystal Peak Minerals Chart

1 Month Crystal Peak Minerals Chart

1 Month Crystal Peak Minerals Chart

Your Recent History

Delayed Upgrade Clock