| |
| | PRESS RELEASE Rubicon Minerals Signs $4 Million Option Deal with Crosshair (Site not responding. Last check: 2007-10-20) |
 | | This, together with Crosshair's Snow White discovery at the adjoining South Golden Promise project (also under option from Rubicon), underscores the regional gold potential of the overall Golden Promise claim group. |
 | | David Adamson said, "We are pleased to welcome Crosshair as a continuing partner in Newfoundland. |
 | | Under the terms of the agreement, Crosshair must spend $4.0 million over four years, including $750,000 firm in the first year, make share payment payments totaling 80,000 shares including 20,000 shares firm in the first year and make underlying property payments, to earn a 60% interest in the project. |
| www.marketwire.com /mw/release_html_b1?release_id=126451 (613 words) |
|