Calgary-based Birch Mountain Resources (BMD-A) has received its sixth-generation contract of work for mineral exploration on more than 600,000 ha in West Kalimantan, Indonesia.
Singapore-based Indochina Goldfields (ING-T), which conducted the first phase of exploration work for Birch, holds an option to acquire up to 51% of Birch’s interest in the property by paying twice Birch’s expenditures plus carrying the company through to completion of a feasibility study.
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