Lions Gate Metals (LGMFF) 0.0450 $LGMFF Glenmar
Post# of 273242
Glenmark to Acquire Copper-Molybdenum Property in Central BC, Canada
ACCESSWIRE - Tue Dec 02, 4:31PM CST
Vancouver, BC / ACCESSWIRE / December 2, 2014 / Glenmark Capital Corp. (TSX.V: GLM; US OTC: GLRKF; ;Frankfurt: 17G) ("Glenmark" or the "Company" is pleased to announce that the Company has entered into an option agreement (the "Agreement" with Lions Gate Metals Inc. to acquire a 100% interest, subject to existing royalties, in the Poplar Copper-Moly property in central British Columbia. The Poplar Copper-Moly property covers an area of 67,862 hectares in the Omineca Mining Division, in the central interior of British Columbia, 50km south of the town of Houston. The project is a copper - molybdenum porphyry associated with the Late Cretaceous Poplar intrusive stock. The Huckleberry Mine located approximately 35km southwest of the property, produces copper and molybdenum from a deposit of similar age and geological setting.