GREAT DAY for our little GMX....SUSPENSION over and rocking UPPPP to the 20th !!!!
??Goldminex signs Farm-in Agreement with Vale for Owen Stanley Package focussed on copper??
Under the Farm-in Agreement, Vale may earn a 51% interest in the tenements by sole funding US$ 20 million of project expenditure over the next four years, of which at least US$ 5 million must be funded within the first year. Upon Vale earning a 51% interest, Goldminex PNG may elect to retain a 49% interest by contributing to project expenditure on a program basis or dilute. Goldminex PNG will continue to manage exploration programs during the first year with Vale holding the right to manage exploration programs thereafter.
http://www.asx.com.au/asxpdf/20110718/pdf/41ztkptl83mvj1.pdf
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