Markets

Discovery Ventures Strikes Deal to Acquire Willa Gold Deposit

Discovery Ventures Inc. (DVN.V) has entered into a definitive option agreement to acquire up to an 80% interest in the Willa property, consisting of 5,328 hectares located in the Slocan Mining Division, British Columbia, south of the town of Silverton B.C., subject to the optionor's underlying option agreement with and a 2.5% NSR in favour of the registered owners.

Pursuant to the option agreement, the company may exercise the option by providing written notice of its intent to exercise the option after making certain payments and share issuances to the optionor and incurring work expenditures on the property.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos