Vancouver, British Columbia (ots/PRNewswire)
- Ross River Minerals
Inc. (TSX-V: RRM) (the "Company") is pleased to announce that its
Mexican subsidiary, Minera Rio Ross S.A. de C.V. ("MRR") has signed
an option to purchase 100% of the right, title and interest in the
Polo and Los Frayles concessions totaling 200 hectares, which are
located within the outer boundary of its Mexican El Pulpo project.
The total consideration is US$130,000 of which US$16,000 was paid on
signing of the agreement. MRR will pay to the Mexican owners US$1,000
per month with the balance due on April 23, 2006. The owners will
retain a 1% NSR royalty which can be purchased by MRR for US$300,000.
In addition 1,200 tonnes of material per month may be extracted
from the concessions provided the extraction does not interfere with
the exploration of the concessions by MRR. Upon the exercise of the
option to acquire the concessions this right shall cease to exist.
To find out more about Ross River Minerals Inc. (TSX-V: RRM) visit
our website at www.rossriverminerals.com
ROSS RIVER MINERALS INC.
Per: "Marcus Foster"
Marcus N. Foster, President
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the accuracy or the adequacy of this release.
ots Originaltext: Ross River Minerals Inc
Im Internet recherchierbar: http://www.presseportal.ch
For further information: ROSS RIVER MINERALS INC., No. 1004 - 750
West Pender Street, Vancouver, BC, V6C 2T7, Telephone:
+1-604-682-2770, Facsimile: +1-604-682-2331