Moss’s Pickle bet optioned to Placer

An agreement in principle has been signed between Moss Resources and Placer Dome Inc., concerning the Fault Creek property near Pickle Lake, Ont. The claims, which are owned 60% by Moss and 40% by Canada Northwest Energy, are located between Placer’s Dona Lake mine project and the Central Patricia property.

Placer has the right to earn a 50% stake in the Moss property by spending $1 million on exploration over a 4-year period.