03:49 PM EST - Savant Explorations Ltd. : announced that it has received notice from Minera Fuego of its intent not to continue with the option agreement on Savant's wholly-owned Yuby-Gabriela copper porphyry property in Chile. Since the inception of the option agreement in 2011, Savant has received more than $1 million in cash payments from Minera Fuego. Upon termination of the option in early March, Savant will retain a 100% ownership in the property and receive the extensive technical data and geoscience knowledge acquired through Minera Fuego's funding of the project over the past three years. Savant Explorations Ltd.
shares V.SVT are trading down $0.02 at $0.01.
