Virginia Mines
Virginia Mines sells Dieppe Property to Agnico Eagle for shares
Virginia Mines (TSX:VGQ) said it would sell 52 mining claims in the Abitibi region of Quebec to Agnico Eagle Mines for $1 million in shares of Agnico Eagle. The claims make up the Dieppe property, which lies within the Casa Berardi fault - the host to the Casa Berardi gold deposit.
Agnico Eagle will issue a further $1 million in shares if it reports an indicated resource of 1 million ounces on the property.
Other Virginia Mines articles
Other Virginia Mines news
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10/06/09 Virginia Mines starts 2009 exploration work across Quebec projects
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11/12/08 Virginia Mines acquires Coulon Joint Venture Property from Breakwater Resources
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