11:38 AM EST - Boxxer Gold Corp. : said it executed a Letter of Intent with Champlain Resources Inc. on the Gordon Lake Gold Project. The earning-in by Champlain will be by way of a three-year option agreement, Boxxer Gold added. The proposed transaction is subject to regulatory and shareholder approval if required. The terms and conditions of the Letter of Intent include the following. Champlain has an option to earn a 55% interest over a three-year period. Boxxer Gold Corp.
shares V.BXX are trading even at $0.11.
