Orecap Invest Corp. announced that Agnico Eagle Mines Ltd., and Orecap have agreed to terminate the exploration, earn-in and option agreement on the Company's McGarry, Mirado and Knight properties, with Orecap maintaining its 100% interest in the Properties. The McGarry property is in Virginia town, Ontario and spans 2.4km on the Cadillac Larder-Lake Break, one of the world's most prolific gold structures.