An option agreement has been entered into by Aurizon Mines (TSE) and Beauchamps Explorations (VSE) whereby the former may acquire a 51% interest (subject to a 2.5% net smelter return royalty) in four claims in Senneville Twp. in northwestern Quebec from Beauchamps.
The claims, contiguous to Aurizon’s original Senneville Twp. claims, are located north of Aurizon’s Perron mine and Beaufor properties.
Aurizon has agreed to undertake exploration and development work worth $1.5 million. Once Aurizon earns its 51% interest, the project will be operated as a joint venture.
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