Terrane Metals Corp. - Howards Pass Project


	Please refer to www.selwynresources.com for project details The Howards Pass Project straddles the Yukon Territory -- Northwest Territories border. Between 1972 and 1982, the Howards Pass Joint Venture ("HPJV"), owned 51% by Placer Dome (CLA) Limited and 49% by Cygnus Mines Limited, identified extensive stratiform-style zinc, lead and silver mineralization. In 2005, the HPJV was optioned to Selwyn Resources Ltd ("Selwyn" - formerly Pacifica Resources Ltd), whereby Selwyn is required to make $10 million in option payments to HPJV over a seven year period, undertake $3.5 million in work commitments (completed) and grant a 20% Net Profits Interest (capped at $10 million) and a 1% Net Smelter Royalty to the joint venture partners. Terrane Metals Corp has acquired Placer Dome's 51% interest in the Joint Venture.


Home Corporate News Projects Investors Public Affairs QwikReport Contact 2008 © Terrane Metals Corp. Disclaimer