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| | www.mineweb.net | co_releases Young-Shannon Gold Mines (Site not responding. Last check: 2007-11-02) |
 | | MacMillan has granted Young-Shannon the right to earn a 50% interest in the La Cucharas Gold and Silver Property in the state of Nayarit in Mexico. |
 | | MacMillan is entitled to 2,500,000 shares of Young-Shannon subject to regulatory approval, of which 500,000 shares are due within 10 days of regulatory approvals and 500,000 shares are due on each of the end dates of phase 1, phase 2, phase 3 and phase 4. |
 | | Young-Shannon may terminate the option at any time at their sole discretion as long as the agreement is in good standing with respect to shares due to MacMillan, exploration expenditures are up to date, and the properties are returned in good standing with a minimum of six months of assessment work credits and taxes paid. |
| www.mineweb.net /co_releases/485541.htm (819 words) |
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