Mr. Fraser Laschinger reports
VOYAGEUR MINERAL EXPLORERS CORP. OPTIONS MINK NARROWS PROJECT
On Oct. 1, 2024, Voyageur Mineral Explorers Corp. entered into an option agreement with Althea Copper Corp. (ACC), whereby ACC may acquire a 100-per-cent interest in the company's Mink Narrows project, located 25 kilometres southeast of Flin Flon, Man. In order to exercise the option, ACC must fulfil the following conditions:
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Issue one million common shares in ACC, valued at $100,000, on the effective date;
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Complete exploration expenditures aggregating $300,000 on or before the first anniversary of the effective date;
- Issue $150,000 in common shares in ACC, or paying $150,000 in cash, on or before the second anniversary of the effective date;
- Grant Voyageur a 2-per-cent net smelter return royalty upon the exercise of the option, subject to the right to repurchase one-half of the NSR for $1-million.
"We wish Althea Copper success in their search for copper and other critical minerals at Mink Narrows, and we look forward to following the advancement of the project," commented Fraser Laschinger, president and chief executive officer of the company.
About Voyageur Mineral Explorers Corp.
Voyageur is a Canadian junior mineral exploration company with a specific focus on mineral properties in northwestern Manitoba and northeastern Saskatchewan, Canada. The company owns a valuable package of royalties in the prolific Flin Flon greenstone belt, and has assembled a portfolio of base metal and precious metal prospects in Manitoba and Saskatchewan.
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