Voyageur Mineral Explorers Corp. announced that is has entered into an option agreement (the ?Option?) with Callinex Mines Inc. (?Callinex?), whereby Callinex may acquire a 100% interest in the Company?s Alberts Lake project, located approximately 20km east of Flin Flon, Manitoba. In order to exercise the Option, Callinex must issue to the Company a total of $650,000 worth of common shares as follows: $75,000 on the date of Exchange acceptance of the Option; $125,000 on the first anniversary of signing; $150,000 on the second anniversary of signing; $150,000 on the third anniversary of signing; and $150,000 on the fourth anniversary of signing.

Upon exercise of the Option, Voyageur will be granted a 1.5% net smelter return (?NSR?) royalty, of which one-third (being 0.5%) may be repurchased for $500,000.