Goldhunter, SEG negotiate option

A letter of intent has been signed by Goldhunter Explorations (ASE) and SEG Exploration (ME) which would see SEG acquire an option to earn a 60% interest in base and precious property in the Springer Lake area of northwestern Ontario.

To earn that interest, SEG must spend $2 million during a 4-year period. SEG would act as operator of the exploration program.