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X-Terra to expand Ducran gold property in Quebec
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X-Terra Resources Inc. said March 20 that it agreed to acquire nine mining claims surrounded by its Ducran gold property in Quebec.
The claims will form part of Ducran and bring the company's total land position for the property to 75 claims covering about 41 square kilometers.
X-Terra will issue 100,000 shares at 14.5 Canadian cents per share to the seller and grant a 2% net smelter return royalty, which can be halved for C$1 million.