Past year: ▲ 0%(0.06c – 0.06c USD)
Each one in plain English, with the numbers worked through for a shareholder.
16 Nov 2006farm in farm out agreement● NeutralMajor
On November 8, 2006 the company exercised its option with Handley Minerals to acquire a 60% interest in the Lucky Boy Project, subject to a 3% Yellow Cake Royalty. This resolves the open question of whether the option would be exercised, but the interest is 60%, not the 100% described when the option was signed in March 2005. The filing does not say how Rodinia's back-in right is affected.
13 June 2005farm in farm out agreement● Neutral
Work operator Ashworth Explorations said phase one of a two-phase program at Lucky Boy would start in 10-14 days (grid, geochemical and radiometric surveys, mapping and sampling), with permitting under way ahead of a drill program expected in early fall. This continues the March 2005 Lucky Boy option; the company still holds only an option, subject to Rodinia's back-in.
21 Mar 2005farm in farm out agreement▲ GoodMajor
The company took an option to earn 100% of the Lucky Boy Uranium Project in Gila County, Arizona from Handley Minerals Inc., by spending $925,000 on exploration over three years from exercise of the option and paying $75,000 in property costs. It granted Rodinia Minerals Inc. a back-in option for 40% of its interest after $500,000 is spent. This adds a uranium project alongside its Nevada gold claims.
29 July 2004farm in farm out agreement▲ GoodMajor
The company agreed to give Minterra Resource Corp. an option on a 50% interest in the Gold View and Dun Glen properties in Nevada. In return Minterra would pay US$60,000, give 200,000 Minterra shares, cover maintenance commitments and spend CAD $2,000,000 on work over three years; it is subject to regulatory approval.
9 June 2004drilling result● Neutral
The company reported ongoing sampling and mapping at its Dun Glen Project in Pershing County, Nevada, with first samples sent for assay (results expected in about two weeks) and a geophysical survey starting that week. No assay results are given yet; it states holdings of 152 claims covering 2,935 acres.
