Candol Developments has acquired options giving the company the right to acquire a 40% interest in seven properties. The properties cover several gold, silver and base metal showings which will be the subject of a $2.1-million exploration program. Funding is coming from a 1987 flow-through limited partnership.
Minnova Inc. is the operator on three of the projects. These include the J.C. claims, Stump Lake and Straw Lake properties in B.C. and Ontario respectively. The J.C. claims are adjacent to the Adams Lake project shared by Minnova and Rea Gold.
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