Surf Inlet option

Surf Inlet Mines (VSE) has signed an agreement with Newfields Minerals (TSE) which gives the former company the right to acquire a 50% interest in Newfields, McGarry Twp. gold prospect.

Located beside the Virginiatown gold mine operated by Golden Shield Resources, the McGarry property straddles a section of the Larder Lake fault. The company can earn the interest by paying $150,000 to Newfields.

Surf Inlet is also acquiring an option to earn a 25% interest in a claim block adjacent to the McGarry property, from Halley Resources (VSE), Surf’s controlling shareholder. The interest is available for $75,000.


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