/EINPresswire.com/ -- TORONTO, ONTARIO -- (Marketwired) -- 07/29/16 -- Copper Lake Resources Ltd. (TSX VENTURE: CPL)(FRANKFURT: W0I) ("Copper Lake" or the "Company") announces that, pursuant to its Stock Option Plan, it has granted an aggregate total of 2,250,000 incentive stock options to certain directors and officers of the Company. These options will be exercisable at a price of $0.05 per common share and will expire on July 26, 2021.

About Copper Lake Resources

Copper Lake Resources Ltd. is a publicly traded Canadian company currently focused on advancing two significant properties located in Ontario, Canada:

1.  The Marshall Lake VMS copper, zinc, silver and gold property is an
    advanced exploration stage property located 120 km north of Geraldton,
    Ontario via good all weather gravel road from the Trans-Canada Highway
    and just 22 km north of the main CNR rail line.

    The Company has presently earned a 37.5% interest in the Marshall Lake
    property. Upon closing of the acquisition of the additional 31.25%
    interest in the property, the Company will hold a 68.75% interest, and
    will retain its original option to earn up to a 75% interest.

2.  The Norton Lake nickel, copper, PGM property (69.79%) is located
    approximately 100 km north of the Marshall Lake property.

On behalf of Copper Lake Resources Ltd.

Terrence MacDonald, Interim CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Terrence MacDonald
416-561-3626

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.