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Fowler explained that the Philip Property LOI strengthens Northstar’s strategy to consolidate the Boston Creek Copper Trend and complements the previously signed Boston Creek Mines Property LOI. Both LOIs include a six-month exclusivity period for due diligence and negotiation of acquisition terms.
The Philip Property is crucial to Northstar’s exploration strategy for the Boston Creek Copper Trend. It will allow the company to ground truth and drill test the Zone 2 Extension Conductor up to, and beyond, the Philip Property boundary.
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