This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:International Tower Hill Reaches JV Agreement on Chisna Copper-Gold Project, Alaska 2009-11-05 14:16 ET - News Release Also News Release (U-NYSE)
VANCOUVER, BRITISH COLUMBIA
-- (MARKET WIRE)
-- 11/05/09 
International Tower Hill Mines Ltd. ("ITH" or the "Company") (TSX VENTURE: ITH)(NYSE Amex: THM)(FRANKFURT: IW9) is pleased to announce that it has entered into a Joint-Venture Agreement dated November 2, 2009 with Ocean Park Ventures Corp. ("OPV") on the Chisna Copper/Gold Project located in the Hartman Mining District of South Central Alaska. Pursuant to the JV Agreement, an Alaskan subsidiary of OPV ("Subco") and Raven Gold Alaska Inc. ("Raven"), a subsidiary of ITH, will form a joint venture (the "JV") for the purpose of exploring and developing the Chisna Project.
The Chisna Project consists of 646 State of Alaska unpatented lode mining claims currently held by Talon Gold Alaska, Inc. ("Talon"), a wholly owned subsidiary of ITH, which will be transferred to Raven. The target area is part of a belt 65 kilometres long and 15 kilometres wide extending from Slate Creek (30 kilometres northeast of Paxson) to Slana on the Tok Cutoff Highway. Access is via aircraft, or winter roads from the Tok Cutoff Highway near Slana.
The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try,
click here for a free 30 day trial subscription. |
Top
Print this Page