Toronto-based junior Trump Reserve Minerals (ASE) has concluded an agreement to earn a 50% interest in a 36-claim gold property just east of Lebel-sur-Quevillon, Que., from Murgor Resources (VSE). Under the agreement, Trump must pay Murgor $15,000 and incur $150,000 in exploration expenditures within three years.
The Verneuil Twp., Que., property adjoins a property held by Freewest Resources (ME) and Golden Tag Resources (VSE) where two gold zones are currently being explored. These gold zones, which have returned grab sample values up to 0.85 oz. gold per ton, trend in an east-west direction and can be followed on to the Trump property.
Geophysical surveys and diamond drilling will be carried out on the property this winter.
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