ULAAN
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Latest Information November 6, 2003 Maximum Ventures has agreed to an option to acquire up to a 75% interest in two portfolios of gold and copper properties in Mongolia. The company has the right to earn up to a 75% interest in the Edren gold/copper properties in the south western Gobi region of Mongolia, and a right to earn up to a 75% interest in the Ulaan gold properties in the western region of Mongolia from a private company. The Edren gold/copper properties comprise three exploration licenses with well known copper/gold mineralization reportedly to be primarily of porphyry style with gold and molybdenum with epithermal gold system potential. The Ulaan gold properties are strategically located and cover a strike length of some 20 km in a region considered to have very favorable geology. |