Cartier Resources (TSE) holds a 5% net profit interest in 13 of those 19 claims by virtue of a recent agreement with geological consultant Jack Stoch.
Stoch has optioned the same 19 claims to a group of four companies including Globex Mining (ME), Murgor Resources (VSE), Indigo Gold Mines and Hixon Gold Resources in exchange for a $4.4-million work commitment.
Payments are scheduled to be made over four years, and initial work will include line cutting, geophysics and surveying.
]]>
Be the first to comment on "Cartier buys stake in Louvicourt bet"