Cranbrook, B.C, July 18, 2022 (GLOBE NEWSWIRE) -- Rex Resources Corp. (TSX-V:OWN), (“Rex” or “the Company”) has been notified by option partner Eagle Plains Resources Corp. (TSX-V:EPL), (“EPL” or “Eagle Plains”) that field crews have been mobilized to Eagle Plains’100% owned Kalum Property located approximately 35 km northwest of Terrace, British Columbia in the Skeena Mining Division. Under the terms of the option agreement, Rex can earn an undivided 60% interest in the property by completing exploration expenditures of $3,000,000, making cash payments of $500,000 and issuing 1,000,000 common shares to EPL over a four year period.
Rex Resources Announces 2022 Field Program at the Kalum Gold Property, Golden Triangle Region, BC
Globe Newswire - Press Release
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