STUPF - StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Builds Position in Ontario's Red Lake Mining District Following Acquisition of Option to Purchase the Ranger/Otter Project
- StraightUp announced having entered into a Purchase Option Agreement for a 100% dividend interest in the Ranger/Otter mining project
- This adds to the company’s growing property portfolio, which currently comprises the RLX North and RLX South Properties in Red Lake, Ontario
- StraightUp also recently received an early exploration permit for gold exploration in its RLX North property
- The Ranger/Otter Project addition, coupled with the early exploration permit, positions StraightUp to capitalize on the growing demand for gold, which has already surpassed $2,000 per ounce
In 2020, StraightUp Resources (CSE: ST) (OTCQB: STUPF), optioned mining claims that consisted of RLX North, RLX South, and Belanger properties, all situated in the Red Lake District, Ontario. With the region known for producing over 30 million ounces of gold so far, the company was optimistic with its investment and indicated its plans to survey the area further to uncover potentially profitable mineralization (https://ibn.fm/aoApU).
Now StraightUp has announced having entered into a Purchase Option Agreement that gives it exclusive right and option to acquire from Optionors a 100% dividend interest in...
NOTE TO INVESTORS: The latest news and updates relating to STUPF are available in the company’s newsroom at http://ibn.fm/STUPF
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