The
TSX Venture Exchange has accepted for filing an option agreement dated March 7, 2017, between Copper Lake Resources Ltd. and David Healey whereby the company may acquire up to a 100-per-cent interest in the Sturgeon Supreme gold property, the Grand Chibougamau gold property, the Queen Alexandria gold property and the Centrefire-Redhat gold-copper property, all located in the Kenora and Patricia mining divisions in Northwestern Ontario. Mr. Healey retains a 2-per-cent net smelter return with the company retaining the right to purchase one-half (1 per cent) for $1-million and having the right of first refusal to acquire the remaining 1 per cent. Consideration is $80,000, one million shares and $2-million in exploration expenditures over four years.
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