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Article: Magnus International Resources, Inc. Signs Two Preliminary Joint Venture Agreements With Geological Team 209 In China.
- Article from:
- Business Wire
- Article date:
- May 7, 2004
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Business Editors
VANCOUVER, British Columbia--(BUSINESS WIRE)--May 7, 2004
Magnus International Resources, Inc. ("Magnus") (OTCBB:MGNU), is pleased to announce that it has signed two preliminary joint venture agreements with China Yunnan Province Nuclear Industry Brigade 209 ("Team 209").
Magnus and Team 209 have entered into a preliminary joint venture agreement to form a new co-operative joint venture company to carry out minerals exploration and development in an 83.29 square kilometre area of Huidong County in Sichuan Province, China. The property is located across the Jinsha Jiang River to the immediate northwest of Southwestern Resources' ...