Kent Exploration Inc. (TSX VENTURE:KEX) reported that through its wholly owned subsidiaries, Archean Star Resources Australia Pty Ltd and Archean Star Resources Inc, it has been advised by Teck Australia Pty Ltd that Teck has provided notice to Chalice Gold Mines Ltd, of the exercise by Teck of the Second Option of the Agreement between Teck and Chalice on the Gnaweeda Gold Project in the northern Murchison Province of Western Australia.
The press release is quoted as saying:
Kent Exploration Inc is a junior exploration company that has an Option Agreement to earn 100% of Teck’s interest in Chalice Gold Mines Limited’s Gnaweeda Gold Project in West Australia and has acquired the Alexander River, Paparoa and Lyell gold projects in the highly prolific Reefton gold field in New Zealand.
