Anvil and Fleck - Labrador Property Option Agreement.VANCOUVER, British Columbia--(BUSINESS WIRE)--July 16, 1996--ANVIL RESOURCES LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). : ANV) -- FLECK RESOURCES LTD.(VSE See DOS/VSE. VSE - Virtual Storage Extended : FLK FLK Funny-looking kid Pediatrics A popular descriptor for nonspecific facial dysmorphias that are typically accompanied by growth and/or mental retardation )Anvil Resources Ltd. ("Anvil") and Fleck Resources Ltd. ("Fleck") announce that they have entered into an agreement whereby Fleck has granted an option to Anvil to purchase a 40 percent interest in 92 mineral claims contiguous to and Northeast of the Diamond Fields Labrador discovery property. The option is exercisable by Anvil incurring $450,000 of exploration expense in the first year of the option and $1,000,000 of cumulative expenses within the second year of the option. The property is subject to a 1 percent NSR. Fleck and Anvil have the right to purchase one-half of the NSR in aggregate for $500,000. Fleck is to be the operator under the option agreement. The option agreement is subject to the approval of The Alberta Stock Exchange and 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). . -0- ANVIL RESOURCES LTD. James A. Lenec, President FLECK RESOURCES LTD. John McGoran President The Vancouver Stock Exchange and The Alberta Stock Exchange have neither approved nor disapproved the information contained herein. CONTACT: Anvil Resources Ltd. James A. Lenec, 604/322-3367 or Fleck Resources Ltd. John McGoran, 604/687-6875 |
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