Olympus Completes Due Diligence at Capcapo, N. Philippines
Filed under: Mineral - Gold, Operator - Olympus
Capcapo Gold Property is strategically located north of the prolific Baguio-Mankayan Gold District that has combined production, current reserves and resources in excess of 60 million ounces of gold.
Olympus Pacific Minerals Inc. (TSX: OYM) (the “Company”) is pleased to announce that it has completed its due diligence at Capcapo , whereby the company and Philippine interests associated with the company can earn a 60% interest in the Capcapo Gold Property, located in Abra Province, Northern Luzon, Philippines in accordance with the option agreement between Abra Mining and Industrial Corporation (see OYM press release of November 23, 2006).
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