ExGen Resources Inc. has signed an option agreement to earn a 100% interest in the Macrex property in British Columbia, covering 5,115 acres. The property is located near Port Alberni and has a history of exploration for copper, gold, and silver. To secure the property, ExGen must complete $1.5 million of exploration work and pay $700,000 to the Optionor over five years, with a bonus payment of $3 million upon publishing a compliant resource report. Kieran Downes, Ph.D., P. Geo., has verified the technical information. ExGen is a project accelerator with diverse projects in Canada and the US, focusing on joint ventures and partnerships to reduce risk while seeking new discoveries.

Read more at GlobeNewswire: ExGen Options Macrex Property in Alberni Mining District