LAST BUT NOT LEAST — Portman options Sentinel ground

Shortly after acquiring an option on 72 claims in the Crescent Valley area of Nevada, Sentinel Resources (VSE) has vended the property to a third party.

Portman Exploration (VSE) can earn a half interest in the claims by spending $300,000, paying Sentinel 200,000 shares and reimbursing all its property acquisition costs.

Sentinel paid US$50,000 plus 200,000 treasury shares for the claims which are subject to a 2% royalty on production.

Portman plans to begin preliminary exploration as soon as regulators approve the deal.