An option agreement has been signed between Sweany Gold Corp. and Gu nner Gold which gives the latter company the right to earn a 75% interest in Sweany’s Beardmore, Ont., area gold prospects.
Gunner must spend $4.5 million over a 4-year option period on Sweany’s 140 claims in Pifher, Meader, Sandra and Irwin twps. Exploration work, which is starting immediately, will include geophysical surveys, geological mapping, sampling and diamond drilling. Sweany will be the project operator.
The partners are also considering a joint venture on Sweany’s platinum prospect near Lake Nipigon, Ont.
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