A formal agreement is expected to be signed shortly that will allow recently-listed Prospector Airways (VSE) to earn a 40% undivided interest in Esso Resources Canada’s Eagle properties in the Dease Lake area of northwestern British Columbia.
According to Prospector Airways President Edward Chisholm, the company must spend $2 million by the end of 1990 to earn its interest in the properties which contain copper and gold, molybdenum and silver occurrences.
The company also has an option to earn a 40% interest in the former producing Anyox mine from Cominco Ltd. (TSE) Work is also planned this year on the adjoining Granby property and on the Moly Stock claim block, all located on tidewater near Alice Arm, B.C.
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