Discovery Minerals Ltd. announced Discovery has taken an option to purchase a royalty in a Canadian gold mine. The royalty is a 1.5% Net Smelter Revenue (NSR) interest on gold production from certain claim blocks located in Menary Township, Ontario. The Option to purchase the NSR for $50,000 is for a six-month minimum period with an extension available at the election of the Company, by paying an extension Fee.
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- Discovery Minerals Ltd. Takes Option to Purchase Royalty on Menary Gold Mine