Freewest has agreed, subject to regulatory approval, to pay the vendor $200,000 over five years, grant a net smelter return of 3% with a buy back of 1.5% and an advance royalty of $20,000 annually after the six years.
The Vauquelin Twp. claims which Freewest has optioned, are situated about six miles east of the Aur Resources, Louvem Mines base metal discovery, Freewest said.
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