Estrella Gold Corporation (TSXV:EST) announced that Cliffs Natural Resources Exploration Inc. released the Henry Sur property under the Alliance Agreement.
As quoted in the press release:
Mr. John R. Wilson, President and CEO of Estrella, commented, “Although Cliffs has decided not to proceed with the Henry Sur Project, we continue to believe that the property has the potential for the discovery of a major copper skarn system with by-product gold, zinc and lead. As such, the Company plans to either continue work on the property or to look for a qualified Joint Venture partner for the property. In our mind, the project continues to offer significant potential for increasing Estrella shareholder value, and we look forward to getting good exploration results in the future.”