PriceSensitive

Gitennes (TSXV:GIT) options its JMW and Maxwell properties

Mining, The Watchlist
TSXV:GIT
03 November 2022 12:45 (EDT)

This browser does not support the video element.

Gitennes Exploration (GIT) has signed agreements to option its JMW and Maxwell properties to Newfoundland Discovery Corp. (CSE:NEWD).

Newfoundland Discovery can initially earn a 70 per cent interest in each property and has the right to earn an additional 15 per cent interest. 

Newfoundland Discovery Corp. is planning to spend approximately $800,000 on exploration between the two properties.  On the JMW property, geophysics and diamond drilling are proposed, and for Maxwell, an airborne Magnetometer survey will be conducted.

Ken Booth, President of Gitennes Exploration, sat down with Sabrina Cuthbert to discuss the news.

Gitennes Exploration Inc is in the business of exploring for and advancing mineral properties with a focus on high-grade gold.

Gitennes Exploration Inc. (GIT) opened trading at C$0.025.


Related News