Press Release - MINING COM
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Sanatana Signs Letter of Intent with ArcWest Exploration Inc to Negotiate an Earn-in and Joint Venture Agreement on the Oweegee Dome Porphyry Cu-Au Project in BC s Golden Triangle
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ArcWest Signs Letter of Intent with Sanatana Resources to Negotiate an Earn-in and Joint Venture Agreement on its Oweegee Dome Porphyry Cu-Au Project, Located in BC s Golden Triangle
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Vancouver, British Columbia (Newsfile Corp. - January 27, 2021) - ArcWest Exploration Inc. (TSXV: AWX) ( ArcWest ) is pleased to provide an update on partner funded exploration activities. Drilling has commenced at its Teeta Creek porphyry copper-molybdenum-gold project, funded by partner Teck Resources Ltd. Exploration commitments for 2021 include partner funded drilling at its Todd Creek, Oxide Peak and Eagle porphyry copper-gold projects, with potential for partner funded drilling at its NVI project.
Tyler Ruks, President and CEO of ArcWest, commented, ArcWest is pleased to announce that at least four of its British Columbia porphyry copper-gold projects will undergo partner funded drill tests in 2021. This includes a first phase drill test of our Teeta Creek porphyry copper-molybdenum-gold project, funded by partner Teck Resources Ltd., which has now commenced. The company is in advanced stage negotiations for earn-in and joint venture agreements on additional projects