A development agreement allows Kinross Gold (K-T) to earn a 50% interest in the Vogel property, east of Timmins, Ont., from Black Hawk Mining (BHK-T).
Kinross’s agreement with Thunderwood Resources (THS-T), covering the property adjoining the eastern boundary, provides that Thunderwood can acquire 35% of Kinross’s interest in the Vogel property by providing 35% of the exploration funding. Incomplete information appeared in our issue of Nov. 11.
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