Agreement between Castle Rock Exploration Corp. and Exploration Auriginor Inc.Nelson W. Baker, Director of Castle Rock Exploration Corp. ("Castle") today announces that the Company has reached an agreement with Exploration Auriginor Inc. ("Auriginor"), a Montreal Montreal (mŏn'trēôl`), Fr. Montréal (môNrāäl`), city (1991 pop. 1,017,666), S Que., Canada, on Montreal island, surrounded by St. Lawrence River and Rivière des Prairies. listed Company listed company n → compañía cotizable listed company n → société cotée en Bourse listed company list n → , whereby Auriginor can earn from a 33 percent to 50 percent interest in 9 strategic claim blocks totaling 690 mineral claims in the Voisey Bay Discovery area. To earn their interest, Auriginor must pay to the sellers the sum of $318,000.00 and spend $450,000.00 in exploration on those properties during the first year of the acquisition. Exploration will begin on the properties this month (February). Update on results will be made public as soon as they become available. Castle shall be the operator of the project. Under the terms of the agreement, Castle has agreed to pay a finders fee to an individual, subject to the approval of the Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). . This transaction is subject to the approval of the regulatory authorities Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities . -0- On behalf of: CASTLE ROCK EXPLORATION CORP. Nelson W. Baker Director -0- EDITOR'S NOTE Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release. CONTACT: Castle Rock Exploration Corp. Nelson W. Baker, (604) 687-2038/(604) 687-3141 (Fax) |
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