TORONTO, June 25 /CNW/ - Mantis Mineral Corp (CNQ - MINT) is pleased to
announce that it has entered into an agreement (the "Agreement") with
Greenstone Exploration Company Ltd. (the "Vendor") with respect to certain
mining properties known as the King Dodds Gold Discovery (the 'Property')
located west of the community of Nakina, in Northern Ontario's Thunder Bay
Mining Division and previously press released October 31, 2006.
The terms of the purchase are 1,100,000 Mantis shares over a 3-year term
on closing for the Property, subject to regulatory approval. Mantis will
perform not less than $100,000 dollars in exploration work on the claims on or
before the end of the third year anniversary date entering into the Agreement.
Chairman and CEO, Robin Ross commented, "A preliminary evaluation program
involving mapping and sampling will be undertaken this year."
Mantis Mineral Corp. is a Canadian exploration company with a portfolio
of quality gold and base metal properties located in mining friendly northern
The CNQ Exchange has not reviewed and does not accept responsibility for
the adequacy of this release.
For further information:
For further information: Mr. Robin Ross, Chairman & CEO, (416) 362-1800,