Keweenaw Land Association, Limited Comments on Highland Copper Company’s Agreement to Acquire Orvana’s Copperwood Project
11 Febrero 2014 - 2:00PM
Business Wire
Keweenaw Land Association, Limited (KEWL: OTC Pink)
David Ayer, Chairman of the Board for Keweenaw Land Association,
Limited (Keweenaw) commented today on the agreement between
Highland Copper Company, Inc. (TSXV: HI) and Orvana Minerals Corp.
(Orvana Press Release 2-11-2014). Mr. Ayer stated, “We welcome this
development and feel it is a positive step forward for the
Copperwood Project and for our shareholders. We have enjoyed
working with Orvana and look forward to expanding our relationship
with Highland as they build on their strategy of consolidating
other projects in the region.”
Keweenaw entered into a mining lease with Orvana in 2008 for a
portion of the area encompassed by the Copperwood Project. In 2012,
Keweenaw entered into a mineral lease and exploration agreement
with Keweenaw Copper Company, a subsidiary of Highland Copper
Company for properties in the western Upper Peninsula of
Michigan.
About Keweenaw Land Association, Limited: Keweenaw is a forest
products and land management company located in Ironwood, Michigan.
Keweenaw has land holdings of approximately 167,000 surface acres
and over 400,000 acres of mineral rights, located predominantly in
the western Upper Peninsula of Michigan. Keweenaw shares trade in
the OTC Markets under the Pink directory with 1,295,533 shares
outstanding.
Keweenaw Land Association, LimitedJames J. Simmons, Jr.,
Controller/Treasurer, 1-906-932-3410
Keweenaw Land Association (PK) (USOTC:KEWL)
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