140 WATER STREET, SUITE 602
ST. JOHN'S
Newfoundland
Canada,
A1C 6H6
Phone: +1 (709) 576-7711
Fax: +1 (709)576-2236
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Company SummaryNew Island Resources Inc. is a junior mining company active in the acquisition, exploration and development of resource properties in the Province of Newfoundland and Labrador. Company NewsFriday, June 26, 2009 New Island Resources announced that it has sold the claims rights to its marble deposit near Deer Lake, Newfoundland to Island Industrial Ltd. for $10 and other good and valued consideration. Under the terms of the sale agreement, New Island will receive a royalty of ten percent of the gross profits from the sale value of products generated from the deposit. Additionally, New Island retains a right of first refusal should Island Industrial Ltd. decide to dispose of the property in the future. News ReleasesThursday, November 05, 2009 Map Legend: Producer Past Producer  Development  Exploration |
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