Naxos Reaches Working Agreement With Johnson-Lett. Business Wire | September 15, 1998 | COPYRIGHT 1998 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 15, 1998--Naxos Resources Ltd. (OTC BB:NAXOF), with its commitment to understanding the complexity of its Franklin Lake property, has entered into an agreement in principle with Johnson, Lett and Company to provide financial support for a program of technical work to be conducted by Dr. Al Johnson and his staff at his Tempe, Arizona, laboratory.

This commitment will be made on a month to month basis at a cost of $20,000 per month to cover the $20,000 monthly costs of the laboratory work on the Naxos samples. ...

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