Source: Benzinga

Gespeg Copper: Gespeg Signs a Letter of Agreement to Acquire the Montauban project from DNA Canada Inc and Joins Osisko Metals as JV Partner

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED STATES SASKATOON, Saskatchewan, Jan. 17, 2019 (GLOBE NEWSWIRE) -- GESPEG COPPER RESOURCES INC. (TSXV:GCR) (the "Company" or "Gespeg") is pleased to announce the signature of a Letter of Agreement (the "of Agreement") with DNA Canada Inc. ("DNA") pursuant to which Gespeg shall acquire from DNA all the following assets (the "Acquisition"):152 mining claims and 1 mining concession located in the Montauban and Chavigny townships, in the county of Portneuf, in the province of Québec (the "Property");the buildings, immoveables and other assets and permits located on, or with respect to the Property,and the rights and obligations of DNA pursuant to the Option Agreement dated December 5, 2018 between DNA and Osisko Metals Incorporated with respect to the Property (see DNA press released of December 12th, 2018).This acquisition will allow Gespeg to develop and to evaluate the four (4) tailings sites from past production that are found at the Montauban project. The Company has already begun exploration and evaluation work at the property and will update shareholders in the next coming weeks.Sylvain Laberge, President & CEO of Gespeg,"We are extremely pleased with this acquisition, as it will take the Company to the next level. Furthermore, having the geological knowledge and technical expertise from ...Full story available on Benzinga.com

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Est. Annual Revenue
<$1M
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Sylvain Laberge's photo - President & CEO of Gespeg Copper

President & CEO

Sylvain Laberge

CEO Approval Rating

70/100

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