Keweenaw Land Association, Limited Comments on Highland Copper Company's Agreement to Acquire Orvana's Copperwood Project
IRONWOOD, Mich.--(BUSINESS WIRE)--
Keweenaw Land Association, Limited (KEWL: OTC Pink)
David Ayer, Chairman of the Board for Keweenaw Land Association, Limited
(Keweenaw) commented today on the agreement between Highland Copper
Company, Inc. (TSXV:HI) and Orvana Minerals Corp. (Orvana
Press Release 2-11-2014). Mr. Ayer stated, "We welcome this
development and feel it is a positive step forward for the Copperwood
Project and for our shareholders. We have enjoyed working with Orvana
and look forward to expanding our relationship with Highland as they
build on their strategy of consolidating other projects in the region."
Keweenaw entered into a mining lease with Orvana in 2008 for a portion
of the area encompassed by the Copperwood Project. In 2012, Keweenaw
entered into a mineral lease and exploration agreement with Keweenaw
Copper Company, a subsidiary of Highland Copper Company for properties
in the western Upper Peninsula of Michigan.
About Keweenaw Land Association, Limited: Keweenaw is a forest products
and land management company located in Ironwood, Michigan. Keweenaw has
land holdings of approximately 167,000 surface acres and over 400,000
acres of mineral rights, located predominantly in the western Upper
Peninsula of Michigan. Keweenaw shares trade in the OTC Markets under
the Pink directory with 1,295,533 shares outstanding.
Source: Keweenaw Land Association, Limited