Pursuant to the terms of the option agreement, JOVG has the option to earn a 50% undivided interest in the Angelina property comprised of approximately 2,337 hectares situated in Southeast Manitoba (the "property").
The option agreement provides that JOVG shall conduct a total minimum of $150,000 in exploration work on the Property before February 15th, 2015; $150,000 by February 15th, 2016 and $250,000 by each of February 15th, 2017 and 2018.
Mr. Khunkhun stated, "We are pleased to put Angelina back in to play with this Option Agreement. The Rice Lake Greenstone Belt has a good history of discovery given the success of San Gold Corporation at Bissett and we believe that this agreement will put some solid exploration work in to the Project."
