StockGuru News: Network Exploration Acquires Gold and Copper Property in Chile
Network Exploration Acquires Gold and Copper Property in Chile Network Exploration Ltd. (OTC: NETYF) / (TSX-V: NET.H) VANCOUVER, B.C., Nov. 9, 2006 (PRIMEZONE) — Network Exploration Ltd. (the “Company”) (TSX VENTURE:NETH.V - News) (Other OTC:NETYF.PK - News) today announced that further to its Memorandum of Understanding reported July 12, 2006 and subject to regulatory approval, the Company has signed the formal agreement to option a 50% interest in the Caldera Property through its newly formed Chilean subsidiary. Consistent with the MOU, under the terms of the agreement the Company will earn a 50% interest with USD340,000 in property payments and…