Aquila Resources announces LoI for sale of Bend and Reef copper and gold properties
2021-06-02 14:27:44 [Print]
Canada's Aquila Resources Inc
Reef Project located in Marathon County, Wisconsin and the Bend Project located in Taylor County, Wisconsin. Reef is a gold-copper property and Bend is a volcanogenic massive sulfide occurrence containing copper and gold.
. announced that it has entered into a non-binding letter of intent (the "LOI") to sell its interest in the Bend and Reef exploration properties located in Wisconsin, USA to a private company, Newco . Total consideration of the transaction was $7,000,000. Reef Project located in Marathon County, Wisconsin and the Bend Project located in Taylor County, Wisconsin. Reef is a gold-copper property and Bend is a volcanogenic massive sulfide occurrence containing copper and gold.