Enforcer Gold terminates option agreement on the Montalembert Gold Property

By |2018-08-17T22:16:25+00:00August 17th, 2018|Coin Shop Blog|Comments Off on Enforcer Gold terminates option agreement on the Montalembert Gold Property

Enforcer Gold Corp. (TSXV:VEIN) announces that it has determined not to proceed with its option to acquire a 100% interest in the Montalembert Property located in Quebec. Pursuant to the Option Agreement dated November 16, 2016, Enforcer has provided ninety (90) days written notice to Globex Mining Enterprises Inc. (“Globex”) (TSX: GMX) to terminate the option, effective November 15, 2018. Enforcer's comprehensive 2017-18 exploration program at Montalembert included a 1,711 line- kilometre high-resolution aeromagnetic VLF-EM survey, a 45 line-kilometre induced polarization (“IP”) survey over the historic vein occurrences, stripping and channel sampling along the Galena-No.2-3 veins followed by 45 HQ core holes totalling 5,784 [...]