Pacific Empire Minerals Corp.: Pacific Empire Signs Definitive Agreement to Option Kitimat Copper-Gold Project
Vancouver, British Columbia (Newsfile Corp. - December 18, 2020) -
Pacific Empire Minerals Corp. (TSXV: PEMC) ( Pacific Empire , PEMC or the Company ) is pleased to announce it has signed a Definitive Agreement (the Agreement ) to grant CAVU Mining Corp. ( CAVU ) an exclusive option (the Option ) to earn up to a 100% interest in the Company s 3,070-hectare Kitimat Copper-Gold Project (the Project ) in British Columbia, Canada.
Highlights of the Agreement include:
Cash payments of CDN$390,000 over 3 years to PEMC;
Share payments of 1,325,000 to PEMC;
A minimum of CDN$1,000,000 of exploration expenditures at the Project, to be fully funded by CAVU
Pacific Empire Signs Definitive Agreement to Option Kitimat Copper-Gold Project
Pacific Empire Minerals Corp. is pleased to announce it has signed a Definitive Agreement to grant CAVU Mining Corp. an exclusive option to earn up to a 100% interest in the Company’s 3,070-hectare Kitimat Copper-Gold Project in British Columbia, Canada.Highlights of the Agreement include:Cash payments of CDN$390,000 over 3 years to PEMC;Share payments of 1,325,000 to PEMC;A minimum of CDN$1,000,000 of exploration …
Pacific Empire Minerals Corp. (TSXV: PEMC) (“Pacific Empire”, “PEMC” or the “Company”) is pleased to announce it has signed a Definitive Agreement (the “Agreement”) to grant CAVU Mining Corp. (“CAVU”) an exclusive option (the “Option”) to earn up to a 100% interest in the Company’s 3,070-hectare Kitimat Copper-Gold Project (the “Project”) in British Columbia, Canada.