The withdrawal of BP Resources Canada from the Cat Mountain joint venture has enabled Lysander Gold (VSE) to increase to 100% its interest in the copper-gold prospect in north-central British Columbia.
Lysander recently purchased BP’s interest in the land package which covers 60 sq. km and encompasses a large copper-gold sulphide system. More than $1.3 million has been spent on this property which lies north of Placer Dome’s Mt. Milligan property.
The junior also owns 100% of a gold property adjacent to Echo Bay’s Lupin gold mine in the Northwest Territories. The OP property lies within an area recently blanket-staked for diamond exploration.
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