Clarity Gold Acquires Option to Purchase Fecteau Property
Pursuant to the Assignment Agreement, Opus One has assigned all of its rights and obligations with respect to a property option agreement dated June 20, 2016, as amended September 29, 2020 (the Original Option Agreement) to the Company to acquire a 100% interest in the Property.
- Pursuant to the Assignment Agreement, Opus One has assigned all of its rights and obligations with respect to a property option agreement dated June 20, 2016, as amended September 29, 2020 (the Original Option Agreement) to the Company to acquire a 100% interest in the Property.
- The QP (as defined below) has not verified the results of the historic exploration and sampling on the Fecteau Property.
- The Property is known to host two types of mineralization: VMS (Cu-Zn-Au) and mesothermal gold.
- Mesothermal gold bearing quartz veins are observed at both ends of the property (western and eastern portions) where the volcanic sequence is folded.