Toronto-listed Cheni Gold Mines can earn a 75% interest in the Moose claims in north-central British Columbia.
To do so, it must pay Energex Minerals (TSE) 250,000 treasury shares plus $180,000 in cash instalments through to Jan. 31, 1997.
Cheni must also spend $500,000 exploring the property, situated near the Toodoggone River, by the end of 1997.
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