Durga has a 90-day period to complete due diligence. If the option is exercised, the mill and stockpile can be purchased for $160,000(US) and 75,000 Durga shares. The vendor would also retain a 10% net profits royalty to a maximum of $275,000.
A composite sample taken from the stockpile assayed 6.5% zinc, 0.98% lead and 1.2 oz silver per ton. Durga is also negotiating for a project loan of $500,000.
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