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BRIEF-Minquest says bid for Wolverine Zinc Mine has lapsed

Published 12/10/2015, 11:37 am
Updated 12/10/2015, 11:39 am
© Reuters.  BRIEF-Minquest says  bid for Wolverine Zinc Mine has lapsed

Oct 12 (Reuters) - Minquest Ltd MNQ.AX :

* Update on proposal to acquire the Wolverine Zinc Mine

* Minquest's bid for wolverine zinc mine has lapsed, however Minquest will

continue to monitor Yukon Zinc CCAA process

* Minquest's offer to purchase assets of wolverine zinc mine selected as

back-up bid in the event that CCAA process for Yukon zinc did not complete

* Minquest will continue to monitor the Yukon zinc CCAA process

* Government of Yukon territory reviewing amount of environmental reclamation

bond attached to Wolverine Mine

* Minquest believes that for viable, long term mining operations to be

sustained using the existing infrastructure at wolverine is required

* Source text for Eikon ID:nASX4Zvb8w

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