Hixon can earn a 50% interest in the property by funding $100,000 worth of exploration and later has the option to pay $20,000 and spend another $150,000 on exploration to acquire a further 25% interest. Hixon would then have 75%, Waddy Lake 16.25% and Shane 8.75%.
The property is 10 km south of the recent diamond discovery of Corona Corp. and Claude Resources.
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