Eagle Plains grants Pacific Bay option to earn 100% of Haskins critical minerals project in British Columbia
XLB•Project location and royalty terms
Haskins covers 578 hectares near Dease Lake. It is contiguous with Pacific Bay’s Haskins-Reed property.
The claims carry a 2% NSR royalty to a third party. Eagle Plains can buy back 1% for $1 million. Pacific Bay can buy that 1% for $2 million.
Option agreement for Haskins project
Eagle Plains granted Pacific Bay an exclusive option to acquire 100% of the Haskins critical metals project in British Columbia.
The option runs four years. Consideration totals 4,250,000 Pacific Bay common shares. Pacific Bay also must fund $900,000 exploration work.
