TORONTO, ONTARIO–(Marketwired – May 20, 2016) – Gentor Resources Inc. (“Gentor“) (TSX VENTURE:GNT) reports that its proposed joint venture with Lidya Madencilik Sanayi ve Ticaret A.S. (“Lidya“) to further explore and develop Gentor’s Karaburun project located in northern central Turkey will not be proceeding, following notification from Lidya that Lidya has decided to not pursue the proposed joint venture.
Gentor is a mineral exploration company with copper exploration properties in Turkey. The Company’s strategy is to create shareholder value by developing highly prospective mineral properties around the globe, with current focus in Turkey.
Neither 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.
Arnold T. Kondrat
President and CEO
+ 1 (416) 366 2221 or + 1 (800) 714 7938