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| | Navasota Resources |
 | | Navasota Resources Ltd (NAV:TSX-V) is pleased to announce that it has entered into an Option and Joint Venture Agreement with Teck Cominco Limited, to acquire a 100% interest in the Stenlund Gold Property, 25 kilometres west of the prolific Hemlo Gold Camp in northern Ontario. |
 | | Navasota may earn a 100% interest in the property by completing staged exploration expenditures of $2,000,000 by December 2007 and issuing 150,000 common shares to Teck Cominco on signing and a further 150,000 shares on March 1, 2005. |
 | | A total of $300,000 must be spent on exploration on or before December 2004, a further $400,000 on or before December 2005, a further $600,000 on or before December 2006, and a further $700,000 on or before December 2007. |
| www.navasota.com /news/040928.html (462 words) |
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