C/O TAU CAPITAL, 610-110 SHEPPARD AVENUE EAST
TORONTO
Ontario
Canada,
M2N 6Y8
Phone: +1 (416) 361-9636
Fax: +1 (416) 361-0330
|
Company SummaryTalon Metals Corp. (formerly BrazMin Corp.) is a mineral exploration company listed on the Toronto Stock Exchange under the symbol TLO (formerly BZM). The Company is engaged in the acquisition, exploration and development of high quality base and precious metal projects in the Americas. Company NewsThursday, September 10, 2009 Brazauro Resources reported to have entered into a non-binding Letter of Intent with Talon Metals to acquire the Água Branca property from Talon’s Brazilian subsidiary. The contemplated transaction remains subject to approval by the board of directors of Talon. Água Branca consists of approximately 9,356 hectares of Exploration Licenses in the Tapajós region of Pará State, Brazil. The non-binding Letter of Intent contemplates that, after due diligence by Brazauro is completed, the parties will enter into a definitive option agreement under which Brazauro will acquire 100% of the Property in consideration for option payments of $120,000 on signing of the agreement, $130,000 on or before December 31, 2010 and $1,870,000 two years from the date of the definitive agreement. News ReleasesTuesday, September 01, 2009
Map Legend: Producer Past Producer  Development  Exploration
|