 | |
| |
| | Tue Jun 22, 2010
Prize Mining Announces Termination of Earn-in Agreement
|
| | CALGARY, ALBERTA - Prize Mining Corp. (TSXV: PRZ) announces that the Earn-in Agreement with Silvermet Inc., in respect of the exploration and development of Prize's Muskox Intrusion Property ("Muskox Property") located in the Nunavut Territory, has been terminated by Silvermet without Silvermet having earned or otherwise acquired an interest in the Property. As a result, Prize's 100% ownership of the Muskox Property is no longer subject to any acquisition rights of third parties.
The Muskox Property is a large nickel-copper-platinum-palladium exploration target located 550 kilometres north of the city of Yellowknife and 90 kilometres south of the town of Kugluktuk (formerly Coppermine). Prize holds mineral tenure to 68,766 acres at the Muskox Property and associated areas.
About Prize Mining
Prize Mining Corporation (TSXV: PRZ) is dedicated to the exploration, discovery and development of precious metal deposits. Prize is exploring for gold in the Atlin area of northwestern British Columbia, Canada and for nickel-copper-palladium and platinum on the Muskox Layered Intrusion in Nunavut, Arctic Canada.
ON BEHALF OF THE BOARD OF
PRIZE MINING CORPORATION
"Jim Glass"
President & CEO
For further information, contact Jamie Mathers, Investor Relations
Phone: 604-684-4743 ext 236
Toll Free: 1-866-684-4743 ext. 236
Email: info@prizemining.com
Website: www.prizemining.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. |
| |
| | You can view the Next News Releases item: Wed Jul 14, 2010, Annual General and Special Shareholders' Meeting Update
You can view the Previous News Releases item: Thu Jun 10, 2010, Prize Mining Announces Proposed Divestment of its Remaining Interest in the Yellowjacket Project
You can return to the main News Releases page, or press the Back button on your browser.
|
| | |
