Acquisition Of Option Over The Smart Creek Copper-Gold Porphyry Project
VANCOUVER - Norden Crown Metals Corporation has entered into a binding letter of intent with Domestic Copper Corporation providing for the acquisition by Norden Crown, of 100% of the issued and outstanding ?securities of Domestic Copper, being 3,000,000 common shares, in exchange for ??8,000,000 common shares of Norden Crown. The acquisition of Domestic Copper will result in the acquisition of the right to acquire an up to 60% interest (subject to certain back-in rights) in the Smart Creek copper-gold porphyry project, located approximately 16 kilometers north of Philipsburg, Montana. The Property is under option from Rio Tinto Group (through its subsidiary, Kennecott Exploration Company and consists of 570 unpatented federal mining claims (4,072 Ha) and 45 patented claims (312 Ha) in Granite County, Montana.